Gas & oil boom leading to housing shortage in Carlsbad | KOB 4
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Gas & oil boom leading to housing shortage in Carlsbad

Faith Egbuonu
November 14, 2018 09:32 PM

CARLSBAD, N.M.— The oil and gas boom is leading to a shortage of houses in Carlsbad.

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Shannon Carr, Carlsbad Development Coordinator, said the city needs 9,000 houses to meet demand by 2020. So far, Carr said only 2,500 have been built.

“We've had real sad stories here and there, people living in their cars just to get through that period of time of waiting for an apartment to be opened or finding one they can afford," said Carr.

Missi Currier said she decided to move into her grandfather’s backyard when she moved back to Carlsbad after 13 years.

"I asked him one day, ‘Hey papa, I know you're not doing too many woodworking shopping anymore, would you mind if I renovated it and moved into your backhouse? He said, ‘I think you’re crazy but OK,’” Currier said.

Carr hopes the state can bring awareness to Carlsbad's housing issues so developers are enticed to build there.

Credits

Faith Egbuonu

Copyright 2018 KOB-TV LLC, a Hubbard Broadcasting Company. All rights reserved

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