Oil rises, seniors leave

Oil rises, seniors leave

Latest boom in N.D. causes rent prices to soar in rural communities
Alton and Mary Lou Sundby take a break during a move into a new apartment in Williston, N.D. The Sundbys were notified that their rent would nearly triple to $2,000 a month. North Dakota’s oil boom is driving rents to unimanigable levels for local seniors, many of whom are being forced to move.
Workers build an apartment building in Williston, N.D. Thanks to new drilling techniques that make it possible to tap once-unreachable caches of crude, the region that used to have plenty of elbow room is now swarming with armies of workers, creating a housing shortage and putting many seniors on a fixed income in a financial pinch.
A new oil well pumps oil just outside Williston, N.D. The same booming oil developments that have made North Dakota virtually immune to the Great Recession, has forced many longtime residents to abandon their homes, including seniors who carved towns like Williston out of the unforgiving prairie long before oil money arrived.
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