In this most contentious of Presidential elections, one might be inclined to think that the clubhouse bars, dining rooms and golf courses in Southern golf communities are the scenes of pitched battles between donkeys and elephants. The reality, however, is a little different based on discussions we had with developers, real estate agents and residents in some of our favorite golf communities. That is the main feature of our Home On The Course newsletter, just released to nearly 1,000 subscribers. Join them by subscribing here.
We also take a look at voting results from 2008 and 2012 in selected Florida, Georgia and Carolinas counties. Are they predictors of what will happen in just few weeks? We provide the numbers, you be the judge.
Once upon a time, mandatory golf memberships were popular for some of the higher end golf communities in the Southeast, especially in the area between Bluffton and Beaufort, SC. But one community’s experience with the obligation of paying dues for a club you don’t use has pitted resident against resident and resulted in a lawsuit. For conservative buyers it could serve as a lesson; but for contrarian investors, perhaps an opportunity. (How does a nice lot for $1 sound?)
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