The conversation between human and AI assistant.
How does demonetization of the 500 and 1000 notes bring down the real estate price?
Does the reduction in real estate demand affect other sectors?
Yes, it does. The real estate sector is an important contributor to the economy, and when its demand goes down, it creates a domino effect on other sectors. For instance, the construction industry, raw materials suppliers, architects, and interior designing industry could all be hit.