Time to check in with our friends in the Hamptons, or as we like to call it, God's country...
1) Distressed housing: Diane Saatchi of Corcoran's East Hampton office predicts a 20% decline in the prices of homes for the merely rich. The superrich, it seems, are safe for now.
2) Inevitable trends in marketing: That shiny new Lexus in your neighbor's driveway is called the Bridgehampton.
3) Hurricane Watch '07: There's a direct correlation between how rich you are and how screwed you'll be if a hurricane hits.
· The Beach [beach.curbed.com]