The conversation between human and AI assistant.
How will the decision of scrapping INR 500 and INR 1000 notes affect real estate prices?
And what about the impact on affordable housing?
In the short-term, it is possible that the market for affordable housing could be negatively affected by the policy change. This could be due to a number of factors, such as a decrease in demand for entry-level housing, limited access to credit, and potentially slower economic growth. However, over the long-term, it is possible that these effects could be mitigated if the policy change results in a reduction in corruption, greater transparency in real estate transactions, and an overall more stable economic environment.