3 j& J8 k( L, v7 ^8 z1 x0 RThis 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.: n$ d% b, w( F# x: k
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The risks to the current market: & Y! N8 E( A& N5 x) U3 K) i% q5 w* u1) Mortgage rates go up / N" f# F1 J+ a1 r4 ]! D# j& f( n2) Oil price dropps7 s3 D; o7 q) w+ a' r3 y
3) Less influx4 l, m( ?! @' I/ W; q: M$ j* C
4) Speculators quit