Dr. Yu Hung Hong, former Director of the Samuel Tak Lee MIT Real Estate Entrepreneurship Laboratory, is the principle instructor for the course. Dr. Hong studies the use of land tools to facilitate open and inclusive decision making processes for land resource allocation in developing countries. He taught urban public finance in developing countries at the Massachusetts Institute of Technology where he earned his Ph.D. in Urban Development and Masters in City Planning from the Department of Urban Studies and Planning. His research focuses on property rights and obligations, public leasehold systems, land readjustment, and local public finance. Specifically, he is interested in investigating how governments can mobilize land value increments created by public investment and community collaboration for financing local infrastructure and durable shelters for the poor. Dr. Hong has been teaching urban public finance since 1996 and publishes on topics related to property rights, public land leasing, land readjustment, and property taxation from an institutional perspective.