7 [# Z' t( Z5 H9 T1 m# Y8 bThis 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.7 L9 M0 Z" K9 q- ]5 @
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The risks to the current market:+ X [6 e8 U; X( O/ T
1) Mortgage rates go up; V) j+ O3 l1 q
2) Oil price dropps / [/ l% f! ?4 E$ {( Z4 N. e: ]3) Less influx * Z5 L) G4 P% v( f+ m4) Speculators quit