Joined by doctoral and master-level candidates, as well as other students from the School of Management, Doctor SONG illustrated in his report that, the housing demand is mainly influenced by residents’ income levels, with the wealthier people holding comparatively optimistic viewpoints on housing prices. While, SONG noticed, the house rental market also plays its role of moving housing prices up and down. Finally, Doctor SONG presented models of USA urban housing development between 1980 and 2005 during the lecture period.

The series of lectures on industrial economics have been warmly received by students in and out of the School.

September 24, 2007