( u1 ?4 B) b7 T4 {+ R5 oThis 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. / ]* _0 H6 f) B2 g% ]9 O9 U6 D v/ C ) f& b& J8 c; U- nThe risks to the current market:1 v* ^# R S' I
1) Mortgage rates go up / K# m+ g% q; h, l& e- w+ Q( G, u4 `2) Oil price dropps # m0 G! Z# T5 |) @' [3) Less influx: ? r' G" E2 u9 |- K$ F" L
4) Speculators quit