28.11.2011 - Bhutan: Will housing boom lead to a bust?
If the current trend continues, some fear demand may soon outstrip supply. The construction frenzy in south Thimphu is an eyesore for Jigme. Every morning as he drives to work, thoughts of losing tenants of his newly built house, on the outskirts of the city, to buildings nearer to the city offering cheaper rents worries him. There are hundreds being built, and hundreds waiting to be built, housing outnumbering tenants does look like a possibility in the near future.............................................Full Article: Source
Print