With a steady decline of tee-times being filled and empty courses during the week, it was only a matter of time before the ol' proverbial "For Sale" sign would hang on the front lawn of our beloved local tracks.
I'm sure the recent rise in unemployment and this f%$#in' "recession" might have something to do with it. You would think if you're not working than there's more time to golf, right? Well, last time I checked I think you need money to do that.
So, as usual I strapped on the thinking cap and charged it with beer...I mean "smart juice" - a whole twelve pack of it. For some reason, the more I drink the smarter I get...or at least I think I do. Moving on, I did some research and found out that, just like in the housing market, some golf courses were being repossessed and up for public auction while others were having short sales. Could this possibly be a good time to invest?
Basically you would have to weigh the pro's and con's. Obviously, a pro would be that you golf for free. If you're able to grab a golf course for half-a-mil or less and figure the average round costs $45, it would virtually pay for itself in like...11...thousand...rounds...yeah...right. Ok, maybe I would have to invite some friends or something. Whatta you know, another check in the pro column - I would be the coolest friend in the world!
9/17/2010
Golf for Free?
5:55 AM
neuve
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Supposedly, as of a few years ago there were around 200 courses for sale. That's a lot of land! I wonder what would happen if this trend keeps up? I do know a lot of courses have been cutting their greens fees significantly, as well as reducing membership dues to attract more members. If I had the money to invest in a course I definitely would. My justification would be part financial strategy and part love for the game. So any uber rich golf lovers - please take note: The idea of an empty and weed infested golf course just doesn't sit well with me.
Hit'em long...yell FORE! Save a course.
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