This is not new. This was being reported and folks were being warned as long ago as two years.
Housing is expensive IF you can find it. I could be wrong, but there are indications that new housing is available but financing through a bank can be difficult -- my hunch is if you put down 20% you will have a better chance of getting the loan. At least that's the way it is in California.
From the Dickinson Press/InsideClimate News:
Mary Catherine Moore came to Williston in June hoping to spend a year working a high-paying job.I wonder if this was fact checked: "...after her jobs working in computer support were outsourced overseas."
Last week, the 50-year-old gave away her camper, got a $40 gas voucher from the Salvation Army and headed back to Texas.
“I tried it,” Moore said. “It’s not for me.”
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