Interesting new item on CNBC this morning: There are currently 15 million unoccupied residences and the rental vacancy rate has set a new record. I really believe that, in the last year and a half or so, a very large percentage of homes were bought completely for speculation and were never meant to be occupied until they were sold. As soon as the housing market softened just a little, a lot of those speculators dumped their properties, thus launching the housing debacle. I don't think that real homeseekers were involved much in that. Obviously, it caused the banks to panic and that completed the picture.