Feasibility Assessment Of House-based Old-age Care Based On Grey Correlation Analysis And Extension Theory

Since 2000,in the context of China’s long-term aging population,how to make the life of the elderly more quality and more secure is an important goal of China’s economic and social development,as well as the objective requirements of China’s people-centered and active response to aging.However,with the gradual disappearance of the "demographic dividend",the labor force advantage is no longer obvious,the pension reserve is insufficient,the regional imbalance of the pension service industry,and the pension system is not yet mature,the government’s pension burden is becoming heavier and heavier.Therefore,it is of great significance for China to continue to promote the "house-for-pension" pilot program to increase the source of pension,broaden the insurance financial channels,improve the accumulation rate of pension,expand the scale of pension,and promote the development of the secondary housing market.Since the end of the 1990 s,Chinese scholars began to discuss the theory of house-forpension insurance,and since 2005,they have been promoting the pilot of house-for-pension products.After nearly 20 years of development,relevant products have begun to be implemented successively.House-for-pension is one of the ways to relieve the burden of government pension at present,and also the future development direction of pension industry.However,China’s house-for-pension scheme involves a wide range of risks,lacks of theoretical schemes,immature financial market environment,and lack of policies and legal systems,which may lead to various adverse effects in the implementation process.Therefore,it is a top priority for financial companies to adopt a scientific and effective evaluation system in many schemes of housing endowment investment.In this paper,through the analysis of literature and the investigation of experts,an assessment model is constructed for the feasibility of housing endowment investment,and its application and applicability is verified.This paper studies the relevant literature on the feasibility of housing for the elderly at home and abroad,and introduces the concept of housing for the elderly and related theoretical methods.And on the basis of literature research,frequency analysis,in accordance with the principle of evaluation index system,the feasibility evaluation index system of housing for the elderly is preliminarily constructed.Then,expert investigation method and grey correlation analysis method are used to screen the indicators,and the evaluation index system is finally determined,and the evaluation index is explained.Then,the combination weighting method combined with ahp and entropy weight method is used to determine the comprehensive weight of the index,combined with the extension theory to evaluate the feasibility of financial companies to develop house-for-pension business,at the same time,the "reverse mortgage" insurance actuarial model is used to price the product.finally,the model is applied to the market of Harbin city to verify.According to the research results,some suggestions are put forward for the development of house-for-pension.Through the analysis,research and discussion on the feasibility of housing endowment,this paper verifies the practicality of the model in this paper,which not only enrichis China’s pension mode,but also provides an important reference for the future development of China’s housing endowment.