From March 21 to March 22, Professor Yanshi Jin delivered lectures on our EMBA classes, introducing the development tendency of Chinas real estate and the reasons of the high price of real estate. Professor Jin was regarded by domestic and foreign medias as the “Disciple of Soros in China”,“Living Dictionary of NASDAQ”. And he is the former Chief Economist of Sinolink Securities.

    According to Professor Jin, the future ten years will be a financialization period for real estate. In his opinion, the industry of real estate is not an operation of real estate but an operation of space, because space is a kind of scarce resource in cities.

    Professor Jin also thinks that housing price shall not be determined by the Premier nor by the managers. It shall be determined by the supply and demand. At present, de-urbanization, which means the population flows out from the city due to the decrease of employment opportunities, will co-exist with sky-high housing prices.