Chinese Homebuyers' Confidence Have Been Knocked Down, S&P Says

The video discusses the current state of the housing market, focusing on new policies and their impact on market confidence. It compares the situations of major developers like Evergrande and Country Garden, highlighting their influence on buyer confidence. The potential effects of a default, including impacts on home sales and related industries, are explored. The liquidity challenges faced by developers and the need for restructuring are addressed. Finally, the role of government support and the differences between state-backed and private developers are examined.

What are the main concerns of home buyers regarding the housing market?

How has the government's recognition of the housing market situation changed over the past two years?

What impact does the distress of large developers have on home buyer confidence?

In what ways might a default by Country Garden affect the broader housing sector?

What role does government support play in the confidence of home buyers when purchasing from state-backed developers?