User profile: mike4g_air

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Paraglide Yunnan will be going to Nepal in the first weeks of March 2011. Paraglide Yunnan has a sister club in Pokhara.

for details contact Mike, mike4g_air@yahoo.ca

No paraglider experience is required, just healthy.

Presently housing developments are way overvalued.

The results from constrution companies bidding to get a certain plot of land and the increased cost passed on to the consumer/ end buyer/ leasee.
The increase in housing cost is not a result of demand however the investors and speculators blindly dive in.

what will happen when the trend starts downward??? the speculators get out (cash in) untill the trend goes up again

It's a clasic bubble.

In my opinion the ongoing / deepening western crisis will be the trigger, when the sovereign debts cant be repaid ( Greece ) the lenders holdings will be devalued.

the only way china can get away from it is time, presently china is amassing vast amounts of gold....the next world currency this will be the buffer to devaluation.

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Went the other night, it was very late therefore I cant coment on the food but it did smell very good..
Cozy atmosphere and very friendly host.
Will return again now that it's found!