Due to the current economic crisis we are facing in the United States, we are currently seeing 10% of U.S. homes uninhabited because people cannot afford to live in them. Certain states such as Mississippi are seeing homes uninhabited because of super-high insurance rates. Of course most of these homes were once inhabited, so this means people are moving in with friend and family. If there is to be a surplus of housing to the population, the economy needs to pickup so people have the money to move into their own homes, and more need to be built for potential buyers. On a grimmer side, if the population drops significantly, which may occur as we see lower-income families have less access to health care and thus have a lower life-expectancy, there might also be a surplus of housing compared to the population.
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