Reading up on Williston North Dakota, I remember about 5-10 years ago when people were getting paid $20/hr to work at Walmart, and the city was building a ton of new apartment buildings. People who worked on the oil fields could be making 6 figures.
Williston is a major fracking hub, so the economy grew rapidly about ten years ago, wages shot up and unemployment went down. I think at its peak, rent in Williston was about what it is in Manhattan. I could be remembering wrong, but I think a 1 or 2 bedroom apartment was about 3k or so.
Anyway, the oil boom has busted since there was an oversupply of natural gas and oil. So now there are a bunch of empty apartment buildings.
Which begs the question, if you have a city that is going to have a boom cycle which results in a huge influx of residents, but you don’t expect the boom cycle to be permanent (maybe only 5-10 years), are there housing alternatives to building permanent dwellings? If I were an investor I wouldn’t want to build permanent housing in a city where within 5 years, much of the economic activity would be gone.
I know people can live in campers, but aren’t those 3 season? For a place like Williston, you’d need a 4 season dwelling. Same with tents, they tend to be 3 season dwellings.
Bring a bunch of mobile homes over? That is all I can think of.
Are there homes that can be constructed, then deconstructed and moved when you are done with them? The options I’m seeing for temporary housing, meaning housing for a few years, (tents, campers and mobile homes) tend to not hold up well in temperature extremes.