Wednesday, January 20, 2010
No need to be golf –deprived. It’s a buyer’s market. Peter Corbett writes about this in the Arizona Republic (January 19, 2010).
In Scottsdale AZ (we hoi polloi call it Snotsdale), fewer members are joining the tony clubs, while many are leaving for financial reasons.
Golf Club Scottsdale charges $110,000 for membership and dues of $800 a mo.
Some people are turning to lesser courses, though. One cut membership from $135,000 to $75,000.
Others let members get back part of their fee if they leave—but they may have to wait their turn to sell, so it’s not a quick way to get cash.
See? It’s all relative. Everyone is hurting.
I know, boo-hoo. But still... I am sick of everyone hurting.