RES 301 Week 2 Assignment – Case StudyCase StudyRead the case study: âAre Housing Bubbles Contagious? A Case Study of Las Vegas and Los Angeles Home Pricesâ and watch the supplemental videos:.wsj.com/video/opinion-california-and-the-banks/24E3E2DA-EBA9-4BB1-95DA-ED2C09817BA9.html”>California and the Banks.wsj.com/video/markets-hub-bad-mortgages-weigh-on-banks/431F472C-8299-4789-94EB-1F113526C4C8.html”>Markets Hub: Bad Mortgages Weigh on BanksIn a three- to four-page paper (not including the title and reference pages), develop an analysis that includes:A summary of the case including the key players and background information.A description of the scope of real estate bubbles. (Are housing bubbles contagious?)An analysis of the real estate bubble issue and ethical considerations.At least one recommendation on how the real estate industry, homebuyers, and other stakeholders can help in avoiding real estate bubbles. Real estate principles must be used as support.You are encouraged to incorporate course material and additional readings (i.e., journal articles, books, etc.) into your analysis to strengthen the content of your paper.Your paper must be formatted according to APA style as outlined in the Ashford Writing Center and include at least two scholarly sources in addition to the textbook.