I've been done with school for about a week now. Even before I was done, I had to plunge back into life at work, which is a very scary place these days. The economic freefall has played havoc with the multifamily real estate business, and the worst is probably still to come.
My "little nonprofit that could" isn't in peril yet, but 2009 looks like it could be a very bad year in the apartment business, among others. Will our businesses survive? Will we be able to pay our kids' tuitions -- let alone mine?
As immersed as I was in study -- of Hebrew, of the study of religion, of Jewish memory, to name a few juicy topics -- I'm now immersed to a similar degree in the concerns of work: can we survive? Where do we need to cut back? Can my little nonprofit actually buy a property in this environment? Is there such a thing as a bank loan in this environment? Will states and municipalities still issue tax-exempt bonds for do-gooders like me? Will buyers buy, and sellers sell?
I feel as though I've already forgotten everything I learned in my first quarter of graduate school. Yesterday, I tried to shoehorn my mind back into the academic glass slipper. I was reading a scholarly article on prophecy after the Second Temple period -- and there was a footnote that contained references to more books on the Second Temple than I've ever read. And that was one footnote.
I'll soldier on. May you soldier on, too, and have restorative, rejuvenating holidays.
--T.A.
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Posted by: digital dissertation | December 28, 2008 at 10:53 PM