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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. & s6 k" }5 d' R4 _* q; Z1 W0 }" |7 S/ K$ v+ r0 B
The risks to the current market: * G5 v1 O6 R( o5 t7 Z6 _( r1) Mortgage rates go up4 p0 V- _4 M% O( n
2) Oil price dropps & j, @& m" A* F" `% v( u" l+ m2 y3) Less influx* ~, N6 Q& [& N/ Q0 p" B
4) Speculators quit