Posted by: freedom2012 December 31, 2012
Real Estate Bubble
Login in to Rate this Post:     0       ?        
1)There is fat chance of a stable government in Nepal. In fact, Nepal is headed for a big political turmoil, maybe even a civil war. The most important factor for economic prosperity is a stable government.

2)People have been saying real estate prices will never go down since the boom, but as can be seen from the report, they have gone down. So just merely saying it will not go down any further is mere speculation.

3)Yes Nepal is developing but real estate prices have to be realisitc. People must be able to afford the price. The price must not be driven by greed but realistic economic factors.

4)Health is wealth. Rather live in pollution free pokhara or dharan or butwal than live in kathmandu. What is the use of being a crorepati and dying with Asthma or some other disease?. Many educated people will realise this sooner. A place has to be worth it for the cost, if you think your health concerns are lesser than being a crorepati then all the best.
Read Full Discussion Thread for this article