5 {9 Z3 X7 t& }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. y; o, i& }8 O9 y" R
) ~. N* k" @; E# M! w# |. b3 JThe risks to the current market:" N9 y# I6 c. }5 Q. A1 X# k% ?. z
1) Mortgage rates go up " u x# X- a- F& _2) Oil price dropps 2 |, J A4 O$ C, o7 g$ J6 P6 P6 Q2 a ?3) Less influx ( {; p) f, B, Z6 u4) Speculators quit