for home value and rent, like Moran's I

Calculate indexes for housing market invest

sharpe ratio of home value, in a period, to measure the performance of house trading return considering the risk. Sharpe ratio is the average return earned in excess of the risk-free rate per unit of volatility or total risk. The formula is like: return(home value growth rate) substracts risk free rate, and then devides by the standard deviation of return
ratio of rent to home value, to measure the return on the properties.

Do spatial analysis for the above two indexes.

References: include information about papers, reports, existing work or other references that are related to your project. At this stage you do not have to have studied these references, but you must be familiar enough with the proposal idea to have identified resources that will support and guide your analysis.

Deliverable: what is the deliverable you expect to produce (a statistical conclusion, a graphical tool, an algorithm that can be used in the future e.g. by agencies, etc.)

heat maps for :

home values
home value growth

I will open an extra credit assignment portal on NYU classes. Deliver your proposal by submitting your Authorea link there.