Posted by: pire September 10, 2010
Buying A House in Kathmandu
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Lucky you.

I know some of the bank shares soared crazily... 

Of course, the fact is if you had put 65 K here in house (a fraction of house) it would be 65K now, not a penny more. May be less. If you had put 65K here in stock, it would be something like 50K, if you are lucky. (Dow Jones ko level is same as March 1999). Who can begrudge their luck?

The thing about hydro being hard to invest in (where do you get 50 more partners?) is the right one. That's what I think is the problem in Nepal. I see several sectors where money can be made, but individuals, no matter how rich they are, can't invest in those sectors alone, and it is not easy to find people to invest together. Unless we go corporate culture, where people can just buy shares, this problem will persist.

I know some Nepali who have been able to bring back millions of dollars (in fact, invested here while they live in KTM). Obviously, most of the Lahures who are settling in UK have done that. I am not sure how they do it, but obviously there is a channel. Money is money everywhere, there is always a channel to move it as long as you have it legally.. 
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