I was just looking at people like you and me and others in the states/Japan etc who previously were major purchasers. Rightnow, it is simply not possible for us to buy a house in Kathmandu. Even those who save most of their earning (say those working in manual labor in restaurant etc who avoid paying tax and may save upto 2500 dollars per month) need to work seven years just to get a house. Unless people just trade one land for another within the country, there are unlikely to be many buyers around. So, my hunch is just like 2052 property bubble (my sister bought one ghaderi in chitwan for 4 lakh-- the price dropped to 50 thousands for almost ten years before it began to rise again), there will be a slow but steady fall of land/house price.