As crude prices rocket, prices of petroleum products increased leading to higher inflation resulting in higher interest rates, lower profits, lower consumption & job loss aided by AI et al; Job loss increases EMI default & NPA. Next hit will be on Real Estate / Property prices?

@nagappanv Won't happen as Real estate owned by and supported mostly untaxed economy aka black money . It will stay stagnant for few years

@jaganmsna @nagappanv But housing in India has seen correction despite presence of black money in the past too.

@PropertyDecoder @nagappanv Time correction yes Price correction not as much