' H$ {, B# k( X* d5 w" M
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. # D% x U7 t( F1 b2 D! f% x# x - ^; t6 X. |& Q- O& NThe risks to the current market: & K. ^9 c3 X$ V8 k1) Mortgage rates go up p( P( H" f, {$ f1 x+ [
2) Oil price dropps ) ?; I, @4 v" u% q3) Less influx 9 o4 A5 a5 D9 k+ o" l+ L+ j$ }4) Speculators quit