When cities expand and the golf course’s land value goes way up, the course tends to get sold off.
Do they? All the courses that I remember being on the edge of towns and cities just had the city grow around them as the increase in customers made up for the increased ownership costs.
And all the courses I remember being on the edge of towns and cities got sold as the land value became way higher than than the profit margin ever could be.
Do they? All the courses that I remember being on the edge of towns and cities just had the city grow around them as the increase in customers made up for the increased ownership costs.
And all the courses I remember being on the edge of towns and cities got sold as the land value became way higher than than the profit margin ever could be.
I do live in the central US where there is always more room, so maybe it doesn’t drive up the land costs enough.