Boston Jin Weidong: High house prices are a common challenge for emerging markets

September 14 News, Summer Davos forum September 13-15th held in Tianjin.　　Jin Weidong, a partner and managing director of the Boston consulting firm (Shanghai), said in a dialogue with Sina, the Boston survey of consumption around the world found that many consumers are confused about high housing prices, so the need to use government and industry wisdom. The world's biggest business growth opportunity comes from emerging market cities, according to a report released today by Boston Consulting.　　The biggest business opportunities for the world in the coming decades will come from 717 emerging market cities with more than 500,000 people, and 371 new cities by 2030, according to Boston Consulting. "Hundreds of emerging markets are on the rise, and the number and purchasing power of the middle class in these cities is rising rapidly, and new infrastructure is being urgently needed, which will be a strong support for this growth momentum."　　"said failing, senior partner and managing director of Boston Consulting. In answer to Sina Financial questions, Boston Consulting partner and managing director Jin Weidong said that in the survey of Boston visited a lot of consumers, they also expressed the confusion of house prices, this is not only the problems facing China, but also the global emerging problems.　　Need the wisdom of the Government, and with industry companies in a better way to solve consumer demand. He takes the Indian government as an example to illustrate how governments can address the housing problem of low-income earners. "The Indian government has given some companies 90% to settle for low-rent housing, which has a low profit margin, but another 10% are commercial real estate with high profit margins, which balances the company's income and relieves the problem." "Jin Weidong said. (Jessie from Tianjin)