Carlsbad tends to allow carefully controlled growth. Land-rich inland communities may be less prepared to resist or manage rapid change. When the economy cools, particularly in those two sectors. Or, if housing gets so expensive that companies no longer want to locate here. Or, if the region as a whole says no to growth.
Growth tends to run in ten-year cycles.
Not many predicted the sudden departure of defense industries in the early 90s. Haas notes that recent developments in Carlsbad have built to lesser densities than in the past, which may indicate a slowdown. You are in charge.