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This is a good explanation to how real estate bubble forms. The market feeds itself to push the prices up, but eventually it will reach turning point, and the bubble bursts.! o7 `% Y2 j5 T/ E$ O0 @
- y) ]) g: T4 l: A* P" o4 j8 XThe risks to the current market:+ |- a* N- O/ Y! b' {$ `
1) Mortgage rates go up, i2 l4 o/ X+ L- J: ]
2) Oil price dropps9 }- v( y5 q4 V' ?; C
3) Less influx 1 D( P1 N: B4 g# N8 n! R/ T4) Speculators quit