India, March 19 -- As Bengaluru's property prices continue to rise, discussions on Reddit have sparked comparisons to Mumbai's real estate market's trajectory, with many speculating whether the city will follow a similar boom-and-stabilization pattern. While some believe Bengaluru is still in a high-growth phase, others point to the city's potential price plateau, much like Mumbai's market after years of rapid appreciation.
A key factor in this debate is Bengaluru's 'ongoing unemployment crisis', which, coupled with stagnant wages, raises questions about the affordability of future property prices. As one Reddit user pointed out, for the average buyer to afford a Rs.2 crore apartment, salaries would need to double-a scenario that seems u...
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