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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.: @" z3 D* U# h. f/ C1 ~5 L
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The risks to the current market: 1 s9 I. Q$ [, Y1 l+ L7 e z- T. V1) Mortgage rates go up7 T G6 _) N' ?+ X1 |+ `
2) Oil price dropps# O# X6 K2 U* G' l6 K* }! z% K
3) Less influx / E- n* {' n" i- G4) Speculators quit