: R( \' j# s, n( y' r j# iThis 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.- n' ~' |& ]9 L$ y7 d$ d
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The risks to the current market: 8 g: r* C# j' ]1) Mortgage rates go up+ N) [6 q# D2 B2 R7 Q
2) Oil price dropps G: c0 d& P% [. f, _ y' y
3) Less influx & C9 I# J% j2 k5 K8 E4) Speculators quit