China's Housing Crisis Has a Long Road to Recovery

China's freewheeling real estate market has been the powerful engine of its economic growth. But a parade of missteps -- including a debt binge and a lack of oversight -- has turned that growth story upside down. Across China, swaths of unfinished homes gather dust. Cash-strapped developers remain mired in default while millions of middle-class home buyers cope with lost fortunes and dashed hopes. Would tighter regulation have staved off such a debacle? How does China's housing crisis compare to the US crash of 2007? Can its residential real estate market ever recover? Join hosts John Lee, Tom Corbett and Kristy Hung, senior property analyst at Bloomberg Intelligence as they discuss what's next for China's housing market.

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