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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.+ U4 r/ m5 V0 G* X- t6 W3 W' J
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The risks to the current market: ! l% y' l$ V0 P: \# a# t1) Mortgage rates go up 0 s# `9 U1 g/ o) T7 z2) Oil price dropps 6 J- O% v- N" j; e* \8 W3) Less influx r3 D1 J' g% u w
4) Speculators quit