In this final segment of our Sense of Community series on Debt in the Ozarks, we’re turning back a few pages in our history books to examine what shaped our area’s perception on debt—and whether that perception is at all unique because of this history. KSMU's Jennifer Davidson brings us more.
In the Ozarks, average home prices fluctuated little during the peak and subsequent pop of the Housing Bubble, but what does that mean for a home buyer getting a 5% loan for -1% rate of return 30 years later?
Even after doing all the research and homework, and even with lots of help from the national office, opening a small business can get you into debt... quickly....even if your business is growing by nearly 10 percent every year. Jenny Heulskamp found that out when she started a local franchise of national retailer Edible Arrangements, as she tells Randy Stewart on "Sense of Community."
Today's Sense of Community reports focus on business debt in the Ozarks. Randy Stewart talks with Rayanna Anderson at Missouri State University's Small Business and Technology Development Center about the debt-counseling services they offer.