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Is the Glass Half Empty or Half Full?
I was full of doom and gloom yesterday as I listened to the evening news. There was a story about good people in Minneapolis who have had their electric power turned off because of past due utility bills. A Minnesota state law forbids power companies from yanking the power cord during the winter, but now that spring has sprung, the utilities are free to act. I watched a mom fretting over what had become of her life. She works for a living, and pays her bills. And this is what her life has come to. Within minutes the talking heads on MSNBC were discussing the notion that this current generation may be the first since the Depression that will not see a future any better than already exists. That really cut deep. I guess everyone in Key West feels a little poorer (real estate-wise) now than we did 3 or 4 years ago. Property values are down almost across the board. There are so many properties on the market that it feels like the bottom has dropped out on certain segments of the local market. And then the national news about gas prices and food prices and the threat of mega ... more

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