A tale of NWA woe | Arkansas Blog

A tale of NWA woe

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Excellent story in Arkansas Business by Mark Friedman about Jeff Collins, an economist and former head of the Center for Business and Economic Research at the University of Arkansas in Fayetteville, and his $10 million bankruptcy.

Collins talks candidly about the real estate speculation  that led to his bankruptcy. It is undoubtedly similar in many respects to a number of other stories in the region, where a tight apartment and housing market encouraged heavy investments and overbuilding, just in time for a weakening economy.

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