Well its going to be a benefit for house builders because of the cost of goods is cheaper they can afford to build more and build at a cheaper price.
Not so simple, the question then becomes will people buy. Many jobs in this area are in the oil and related businesses.
The low price of oil is complicated- some positive, more money in consumer pockets and some negative , a loss of oil industry jobs as companies contract in reaction to the low price of oil.
Energy stocks are taking it on the chin negatively impacting retirement funds,but this will change as the price inevitably rise. Stock gurus should have seen this coming a mile away.