India's Real Estate: Stagnation Ahead, Not a Crash, Says Analyst

Imagine the housing market like a race.

For a while, prices were going up really fast (around 10% a year).

But the money people make (their income) hasn't gone up as fast (only about 5%).

This means houses are getting too expensive for many people.

An expert says that instead of prices crashing, things will likely slow down.

Developers are building luxury homes because they make more money.

Less affordable homes are being built.

Even though there's still a big need for houses, the expert thinks prices will stay steady for a few years, giving buyers a chance to negotiate.

So, the race might take a break, instead of crashing.