Quite ironically, while there are plenty of homeless people out there, in the United States, there are millions of unoccupied homes. This situation was brought about when wrong assumptions by speculators created a false demand thereby causing builders to construct more houses than what the market actually needed.

Based on the circumstances it appears there is no need to build anymore homes until such time that the existing “surplus” has been absorbed. The good thing now is that there is a significant decline in construction in America which should clearly continue till the time when vacant houses are filled up.