New Delhi, May 6 -- A Chartered Accountant pointed to exorbitant property prices in urban India and explained its impact of socio-cultural behaviour. According to the finance professional, high property prices are a significant barrier for the Indian middle class, making family planning a financial risk.

Pointing to the financial burden of housing costs even for those in high-paying jobs, CA Nitin Kaushik in a post on X said, "High property prices are the biggest contraceptive in urban India today. The Indian middle class is hitting a wall and it has nothing to do with mindset. It's bad math."

Highlighting the struggle of salaried individuals who try to manage EMI payments for housing while juggling household expenses, he suggested that...