North Dakota also did not see a bubble in housing prices. Many if not most of the lenders were and are fairly conservative.
Sure they did. All states did. North Dakota has one of the friendliest climates for new and established businesses, next to places like Texas and Florida. Governor Hoeven and the GOP Legislature have cut taxes every year Hoeven's been in office. That's why he's popular and that's why he's running for the seat Dorgan is vacating, because the people of North Dakota believe Hoeven can do the same in Washington what he's done in Bismarck.