Basically the market has been inflated so much that people dont wanna look back or wanna satisfy with small pie. In US/UK the increment of salary comes as 3-8% where as in India we expect min of 10%. It variesed between 10-50%. And as you know there is always 2 kind of graph.
1. V shaped - fall-grow fast.
2. U shaped - fall-grow slow.
we are in 1 st catgory so as we grow fast we also will fall fast.
People can't leave with less salary now as we are used to get high income. Our spending style has been changed. People still expecting a 20-50% of margin in the business. Do you think this will be possible ? Developer dont wanna loose the margin.
This situation will again increase the Gap between Poor and Rich people. It will lead to a higher rate of crime.
