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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. . Q! ^. v6 l8 M. ~# h' H* A 4 O# E6 m) R% {( k1 |/ v5 k& BThe risks to the current market:+ _& m9 K0 C! l ]# E6 q; T, i* h' O
1) Mortgage rates go up( m1 e! P5 I+ |, w- Y
2) Oil price dropps / x. R$ n5 K L9 y# y0 y! B% U3) Less influx {1 n& p1 X' s& A3 d
4) Speculators quit