Boomtown Rats

July 17, 2006

The news from up here in Boomtown is all about Kevin Green, the Southern California real-estate whatever (broker? dealer? manager?) who stiffed a bunch of local restaurant owners out of deals they thought they had all wrapped up.

Everything over at Gomez's, Berger's and Slocum's is now back to where it was before Green blew into town and blew people's minds by offering top dollar for properties (New motto: "Buy High, Sell High!").

And while the Grumpy's Sports Bar case is still apparently up in the air, nobody's really getting dreamy-eyed over the prospects for new, flat-panel TVs or more satellite sports packages any time soon.

Gosh, do you think everyone involved in the Green Affair might have been riding on the last really big wave of the Boom, as if (in the words of Greg Brown) the boom still had room?

Nobody in my house, and that includes the dog and a rainbow trout in the aquarium, makes any claim to making any sense out of Mammoth when it comes to the Boom. All we know is what we read in the weekly newspapers and see out there on the street, so we pretty much avoid analysis of any kind.

Nevertheless, the dog and I were out for an evening stroll and couldn't help noticing that six out of seventeen properties on one stretch of Valley Vista had sale signs in the yard, and that suddenly there seems to be a pretty decent inventory of condos on the market this summer.

Interest rates are going up, we aren't getting out of the war any time soon, the planet's burning into a piece of charcoal and Rich Harden might need more elbow surgery in Oakland.

Finally, there isn't going to be another grocery store in Mammoth as far as we can tell.

Just a guess here, but it feels like the Boom is taking a breather.

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