Finally, evidential analysis is done by using Tianjin real estate market data.Efficient frontier is got by using statistics software SAS and investment strategy is gained based on the result.

• 最后，对天津市房地产市场投资进行实证分析，通过统计软件求出投资组合的有效前沿，并在此基础上得到房地产投资者在期望风险收益条件下的投资策略。