Posted by: freedom2012 December 27, 2012
Real Estate Bubble
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Is Kathmandu going through a real estate bubble?. Investors borrowed so much money for real estate but with lack of buyers, isnt the real estate crash due soon?. I see a similar picture unfolding in India. Many people who invested blindly will surely get hurt big time. When the buyers default on their mortgage and investors default on their huge loan, then surely we can expect some big financial trouble. Many banks will get screwed!

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