Market Value Analysis 2015
Published by data.nola.gov
About this dataset
Our Normative Assumptions when Analyzing Markets: • Public subsidy is scarce and it alone cannot create a market; • Public subsidy must be used to leverage, or clear the path for, private investment; • In distressed markets, invest into strength (e.g., major institutions, transportation hubs, environmental amenities) – “Build from Strength”; • All parts of a city are customers of the services and resources that it has to offer; • Decisions to invest and/or deploy governmental programs must be based on objectively gathered data and sound quantitative and qualitative analysis. Preparing the MVA: 1. Take all of the data layers and geocode to Census block groups. 2. Inspect and validate those data layers. 3. Using a statistical cluster analysis, identify areas that share a common constellation of characteristics. 4. Map the result. 5. Visually inspect areas of the City for conformity with the statistical/spatial representation. 6. Re-solve and re-inspect until we achieve an accurate representation.
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