Liu Hongyu: Professor of Construction Management Department of Tsinghua University, doctoral supervisor, vice president of College of Civil and Hydraulic Engineering, director of Real Estate Research Institute, vice president of China Real Estate Appraisers and Realtors Association, director (former president) of Asian Real Estate Society, honorary professor of Hong Kong University, co-editor of FRICS and International Real Estate Review, and editorial board of Real Estate Research Journal.

Main research interests: real estate economics, real estate finance and investment, real estate development and management, land management and housing policy.

Ji Rujin: Professor of Tsinghua University Construction Management Department, Deputy Director of Real Estate Research Institute, Certified Real Estate Appraiser and Land Appraiser.

Concurrently: Director of China Real Estate Appraisers and Real Estate Agents Association, Executive Director of China Land Appraisers Association, Executive Director of Beijing Property Management Association, and Executive Director of Beijing Property Management Chamber of Commerce.

Main research interests: real estate policy, real estate intermediary service, real estate market analysis and property management.