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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.' H( k+ |! y5 r& T! [
7 S8 b5 ~; |; oThe risks to the current market: & ~; {2 h1 V, q% F' g- u- z. G1) Mortgage rates go up ( h* x! X7 ^2 ?2) Oil price dropps : Z( [' }3 h' D" O$ \5 n# ^3) Less influx- V4 N7 r& q, J) o5 F
4) Speculators quit