5 a4 x, y* J' t& j
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. ' \; o1 E0 K2 Z+ b7 N) ]# x8 `: W0 w) E
The risks to the current market:$ v c2 t# [( N/ B) N) H; E* x
1) Mortgage rates go up* T: |) C" J# e& }! Y- \
2) Oil price dropps $ d( Y& N* \. x) `; `3) Less influx% q' v. g- `4 t. O9 i2 q
4) Speculators quit