China's Housing Slump Is Much Worse Than Official Data Show

The video discusses the housing slump in China, highlighting discrepancies between official and private data on housing prices. Official data understate the decline, with private sources indicating sharper drops. The methodology used by China, which differs from transaction-based data in Western countries, contributes to these discrepancies. This affects policy-making and investment decisions, as reliance on official data may lead to uninformed choices. The market shows no signs of recovery due to oversupply and inadequate demand, compounded by demographic challenges. The outlook remains bleak, with significant inventory and declining demand.

What is the expected time frame to clear the current housing inventory in China according to Goldman Sachs?

What demographic issues are affecting the housing market in China?