The Research Of Decision Methods Of Real Estate Investment

The real estate investment is one of the hot spots in the present economic activities. In China the real estate economy has developed only for several decades. The market operating and trading are not normal enough. The real estate system needs to be completed to perfection gradually. The science application and feasibility research of the investment decision are not rigorous enough, for the sustainable development of real estate industry and the economic returns of the real estate projects, and avoiding the investment gain more less than lose, these problems must be well analyzed and solved.How to overall analyze and comprehensively appraise the necessity and feasibility of the real estate project, and how to find out the most economic one in multiple-plans are the basis for government and investors to make decision.How to quantify the various influence factors and objectives of investment project and achieve the correct purpose of the comprehensive appraisal without subjective influence is one of the most important researches in real estate studies.This paper discusses the investment decision of the real estate enterprises and analyzes the main investment decision methods. Firstly, it introduces the actualities of real estate market and the existing problem, then it compares several decision methods of real estate investment.The Fuzzy AHP index system is established based on the analysis of influence factors of the investment decision, In order to solve existing problem and attain the objective, accurate appraisal purpose, such methods as Analytic Hierarchy Process and Fuzzy Comprehensive Evaluation, Delphi means and Haiming degree are integrated in the analysis of real estate investment decision.AHP and Fuzzy Comprehensive Evaluation are integrated to set up the Quantification Model. With the employment of experience data from Delphi analysis and the application of Haiming mathematical method, theoretical results is got and its rationality is estimated.The paper introduces the application of Fuzzy AHP method in the real estate investment decision with an example and a satisfied result is got. The method is objective and effective. It can help real estate investors to make a clear view of positioning. It also provided a scientific and effective way for the government, real estate enterprises and investors to make decision.