& s: x* J& @4 U4 B0 z% MThis 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. , z6 _ ^4 h: i- {- @ & \7 X/ U3 c. z6 iThe risks to the current market: ! Y8 {- w4 O( @ S1) Mortgage rates go up: s# b3 J. v y( s5 W$ z9 b f
2) Oil price dropps, ]# f; @# O) ]
3) Less influx ; E/ m. |) d- A8 q8 o4) Speculators quit