Are Housing Bubbles Contagious - Las Vegas and Los Angeles
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Assignment - I have attached my draft of the assignment & would like additional view points or research for improvements.
Case Study
Read the case study: "Are Housing Bubbles Contagious? A Case Study of Las Vegas and Los Angeles Home Prices" and watch the supplemental videos:
California and the Banks - http://www.wsj.com/video/opinion-california-and-the-banks/24E3E2DA-EBA9-4BB1-95DA-ED2C09817BA9.html
Markets Hub: Bad Mortgages Weigh on Banks - http://www.wsj.com/video/markets-hub-bad-mortgages-weigh-on-banks/431F472C-8299-4789-94EB-1F113526C4C8.html
In 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.
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Solution Summary
The expert examines the case study: "Are Housing Bubbles Contagious? A Case Study of Las Vegas and Los Angeles Home Prices"
Solution Preview
http://www.investopedia.com/articles/07/housing_bubble.asp
https://www.huduser.gov/portal/periodicals/em/fall12/highlight1.html
In 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.
In reference to the key players in the article, these included the housing markets of Las Vegas and Los Angeles wherein these particular markets were suspected to have engaged in speculative behavior that led to the most serious housing bubbles and crashes following the 2008 Great Recession and financial crisis that was enabled as a result of housing bubbles such as the most extensive and destructive bubble in the state of Nevada. The article highlighted the belief that is promulgated by the author in regard to the hypothesis that speculative house-price pressures in an economic center was the the catalyst that enabled the crisis that had developed in Los Angeles housing bubble to become contagious and spread to the Las Vegas housing market, which caused the worst housing crisis in America following the 2008 Great Recession.
A description of the scope of ...
Education
- BS, Sam Houston State University, 1903 University Avenue, Huntsville, Tx 77340
- MS, Prairie View A&M University
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