Today's Argus Leader Business Page features an AP story noting the decline in home mortgage foreclosures and also points out which counties with populations of at least 25,000 have the most and least stress from homes returning to lenders.
Not surprisingly, four South Dakota counties are in the top 20, for the least economically stressed out. Brown, Pennington, Lincoln and Codington Counties brag low foreclosure rates. Our neighbor, North Dakota has a slightly better score. Looking for a foreclosure bargain or future retirement home? Browse listings in Arizona, Nevada, California or Florida. They are considered the most stressful with high unemployment and foreclosure rates.
Conservative living doesn't light the fires of excitement or speculation, but when times get tight and tough, living in the Midwest, adhering to simple principles of living within your means and not overextending gets you through recessions and economic slowdowns. Much of our country can learn from the values we follow each week. They can learn from our conservative small town banks and credit unions.
Another article today shows South Dakota has reversed its brain drain exodus of young minds and is now attracting more young people than it is losing. Obviously, the larger cities are attracting the most people because of job opportunities, arts and quality of living issues, but smaller towns near the populations centers are also growing as bedroom communities where parents want to raise their children and have them attend smaller schools.
The future is bright in the Midwest and the reality of conservative living shines bright in creating a stable, economically advantaged place to call home. Your thoughts?
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