[CSSCI Paper] Research on Risk Measurement of Urban Real Estate Market in China: Based on Comprehensive Evaluation in Jinan City
As one of China’s pillar industries, development of real estate industry can drive China’s macroeconomic steady progress. At present, in order to maintain the steady development of the real estate industry, the central government introduced a series of control policies, which requires that we should attach great importance to the real estate market risk research to achieve the safe operation of the economy during the process of reform. In view of this, this paper establishes the real estate market risk index system with three dimensions as the criterion layer with the comprehensive weighting method of analytic hierarchy process and entropy method, combined with the development status of real estate industry in Jinan City, Shandong Province, evaluates and researches on the real estate market risk in Jinan. The results show that the price risk and inventory risk of Jinan real estate market are relatively high, and the overall risk level is increasing year by year. Finally, based on the risk evaluation results, it puts forward the reason analysis and relevant policy suggestions.