Research on Housing Market Risk Management Based on Multidimensional Evaluation

The housing market is a high-risk industry with too many factors influenced by the outside world, and if these risks are not effectively managed, it will bring serious impacts on the stability of the economy and society. This paper takes the risk management of housing market as the research object, utilizes the information entropy model and ANP combined method to combine and assign the risk indicators, and constructs the cloud model of housing market risk evaluation. And the cloud model is applied to the GJ housing case for practical evaluation, and it is found that the cloud droplets of the comprehensive risk of the GJ housing market are mainly distributed in the medium-risk interval from 31 to 54, focusing on 41, and a small number of risk cloud droplets appear in the higher-risk cloud map, which is in line with the actual evaluation results, and further verifies the feasibility and validity of the method. Finally, based on the evaluation results, the risk control strategy of the relevant housing market is proposed, which can be used as a reference in the development process of subsequent housing projects.

Authors

Publication Details

Journal
International journal for housing science and its applications.
Published
2024-09-30
DOI
https://doi.org/10.70517/ijhsa45310
Citations
1
Primary Topic
Regional Development and Environment
Type
article
Field-Weighted Citation Impact
1.13
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article

Research on Housing Market Risk Management Based on Multidimensional Evaluation

Michael A. Brown, William Johnson
1 citations
International journal for housing science and its applications.
Regional Development and Environment
1.13
article

Research on Housing Market Risk Management Based on Multidimensional Evaluation

Michael A. Brown, William Johnson
article en
1 citations

Abstract

The housing market is a high-risk industry with too many factors influenced by the outside world, and if these risks are not effectively managed, it will bring serious impacts on the stability of the economy and society. This paper takes the risk management of housing market as the research object, utilizes the information entropy model and ANP combined method to combine and assign the risk indicators, and constructs the cloud model of housing market risk evaluation. And the cloud model is applied to the GJ housing case for practical evaluation, and it is found that the cloud droplets of the comprehensive risk of the GJ housing market are mainly distributed in the medium-risk interval from 31 to 54, focusing on 41, and a small number of risk cloud droplets appear in the higher-risk cloud map, which is in line with the actual evaluation results, and further verifies the feasibility and validity of the method. Finally, based on the evaluation results, the risk control strategy of the relevant housing market is proposed, which can be used as a reference in the development process of subsequent housing projects.

International journal for housing science and its applications.Vol. 45(3)
Sustainable cities and communities
Openalex Percentile: Top 16%
Regional Development and Environment
1.13
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