Will real estate prices crash?

Real estate and residential prices are shooting through the roof. Be it big cities or small tow ,  iralling real estate prices show little sign of easing off.Low interest rates on home loa , coupled with huge demand for housing from India's burgeoning middle cla , have seen property prices doubling in some cities. Add to this the mad frenzy for developing  ecial economic zones (SEZs) that will go le up huge tracts of land.Do you feel that this is a bu le (like the one witne ed in 1995), when real estate prices plummetted?Do you think high interest rates will lower demand for housing loa ? Will you resist the temptation of buying a second home (a uming that you can afford to) just because interest rates on home loa  are increasing?Should home loan interest rates have been increased? Will the real estate prices drop?Tell us what you think.