I like this trend
God knows what will happen to this happy line by 4:00 PM, but things are looking brighter this morning. I was thinking over the weekend - an unusual activity for me but it was a boring, if quite sunny weekend and ... - As a real estate agent, I'll do okay no matter what happens to prices, once we get some stability. If prices stay really, really low, Greenwich will still attract buyers and they'll be more of them who can afford to live here. I'd miss the occasional sweet commission from that $7 million sale but the bread and butter of real estate, prior to the run up of the past two or three years, was the $1.5 -$2.5 house. If that range drops to $750 - $1.5 well, I'll have to sell more houses to make the same money, but life will go on. I need to keep busier anyway, as some of the postings on this blog will attest.

But I do worry. There are 3 Fountain households in Greenwich and it's been comforting to reflect on their "value". We all felt, if not rich, assured that there were assets there to fall back on. I'm much more worried, however, by the toll this is all taking on my friends' jobs. Already I know folks who've lost their employment not only on Wall Street but in all the peripheral areas - career placement, for example, contracts when no one's hiring. Builders are hurting, and carpenters, and who wants to hire consultants when business is in the toilet? Except for our public schools, however, but then they're immune from this stuff.

So I hope that the panic subsides and the economy recovers. I'm not at all confident that it will; there are too many long-deferred problems out there to make anyone sanguine, but I can, and so I do, hope. Not much else to do.