In Nepal’s premium rental market, the dollar is everywhere but on paper

AI Summary

Homes and apartments in Nepal’s premium rental market are increasingly advertised in US dollars, despite the practice existing in a legal gray area. The trend is reportedly making housing less accessible to Nepali renters, with no regulator having tested the issue.

Apartments and homes are increasingly listed in US dollars, edging out Nepali renters and operating in a legal gray zone that no regulator has ever tested.