The conversation between human and AI assistant.
How does demonetization of the 500 and 1000 notes bring down the real estate price?
Can you tell me how demonetization of the 500 and 1000 notes bring down the real estate price?
Sure! Demonetization led to a cash crunch, which affected the real estate market. With a shortage of cash, people were not able to make large purchases, including real estate. This led to a decrease in demand and subsequently a decrease in prices.