Many China Developers Won't Survive: Bloomberg Columnist Ren

The video discusses the current state of China's housing market, highlighting the lack of expected rebound and the potential for a housing downgrade. It explores the impact of developer defaults and Beijing's response, suggesting a shift towards regional developers. The discussion also covers the effects on household wealth, with many Chinese opting for cheaper housing options due to economic pressures and lack of job stability.

What is the anticipated impact of developer defaults on the housing market in China?

In what ways might the government be limited in addressing the current housing market issues?