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Started By
Message
re: Post Covid golf greed
Posted on 2/2/23 at 9:04 pm to bopper50
Posted on 2/2/23 at 9:04 pm to bopper50
I get all the people saying "supply and demand", but my point is really that these courses just are not supplying anywhere close to the value anymore.
It was always significantly more to golf in the winter here. But living here as a resident you could at least count on the summer rates in the heat to be reasonable.
These days every course wants you to buy their "card" that includes one or two other courses for discounted rates. I buy a Troon card every year for about $500 and every year they reign in the 2 for 1 greens fee perks a little more. The rates are a bit more reasonable, but it's not just me. All my buddies out here can't believe what some of these goat ranches are charging these days not just during this unique week.
Let me phrase it to you this way- Would you pay $150 to play Santa Maria? How about $395 to play TPC? If the Bluffs were still around I'm sure you would be ok with the once a year $450 price tag right?
Supply and demand? It's cool you could still play Webb for $90 or City Park for $65 (only after 1pm though otherwise it's $110 and $90)
I play about 80-110 rounds a year and I would join a club if I could but there are long wait lists and the initiation fees are stupid. I'm talking $65k to $350k prior to dues.
Part of me is ready for the upcoming correction.
I get that fertilizer and other costs have gone up, but when you are getting $75-$300 a round and you don't have to take but 6 weeks off for overseed all year you aren't barely making profit. You are raking it in.
Anyway, hopefully prices don't get out of control where you all live. I can just tell you it really sucks to be paying high fees for garbage courses.
It was always significantly more to golf in the winter here. But living here as a resident you could at least count on the summer rates in the heat to be reasonable.
These days every course wants you to buy their "card" that includes one or two other courses for discounted rates. I buy a Troon card every year for about $500 and every year they reign in the 2 for 1 greens fee perks a little more. The rates are a bit more reasonable, but it's not just me. All my buddies out here can't believe what some of these goat ranches are charging these days not just during this unique week.
Let me phrase it to you this way- Would you pay $150 to play Santa Maria? How about $395 to play TPC? If the Bluffs were still around I'm sure you would be ok with the once a year $450 price tag right?
Supply and demand? It's cool you could still play Webb for $90 or City Park for $65 (only after 1pm though otherwise it's $110 and $90)
I play about 80-110 rounds a year and I would join a club if I could but there are long wait lists and the initiation fees are stupid. I'm talking $65k to $350k prior to dues.
Part of me is ready for the upcoming correction.
I get that fertilizer and other costs have gone up, but when you are getting $75-$300 a round and you don't have to take but 6 weeks off for overseed all year you aren't barely making profit. You are raking it in.
Anyway, hopefully prices don't get out of control where you all live. I can just tell you it really sucks to be paying high fees for garbage courses.
2
Posted on 2/3/23 at 6:22 am to 0jersey
Quality and value is factored into supply and demand...it's not a separate variable.
I look at it the same way I do Gulf Coast beach condos. I can stay on the beach in Hawaii for less than what I can on 30A and need a golf cart to trek my family back and forth...why, because other people pay it. Doesnt mean I have to though.
I think it's absolutely absurd to spend that kind of money for beach rentals in places like Destin, Pensacola, Rosemary, etc. and is a horrible value BUT because so many other people don't agree with me, that's the demand and there just simply is not enough supply to keep up with the demand most of the year.
ETA: I have found myself just walking and playing goat ranch shite holes alot more and going to the range alot less. At least if I walk on a course with GPS I can get more accurate yardage info. Every now and then I'll hit the range to work on something swing specific if I have something I am really struggling with but I unfortunately play more shitty courses now (listen to podcasts, sports talk radio, music, etc) and have a 3 hour practice session and limit nice courses ($60-$100) to maybe twice a month.
The bubble will burst, it always does, then prices will drop.
My suggestion is to follow as many of them as you can and keep an eye on their specials. Almost everywhere does it from time to time when they see a drop off. Some sort of local special or two for $____ or half off a round the month of your birthday, etc.
I look at it the same way I do Gulf Coast beach condos. I can stay on the beach in Hawaii for less than what I can on 30A and need a golf cart to trek my family back and forth...why, because other people pay it. Doesnt mean I have to though.
I think it's absolutely absurd to spend that kind of money for beach rentals in places like Destin, Pensacola, Rosemary, etc. and is a horrible value BUT because so many other people don't agree with me, that's the demand and there just simply is not enough supply to keep up with the demand most of the year.
ETA: I have found myself just walking and playing goat ranch shite holes alot more and going to the range alot less. At least if I walk on a course with GPS I can get more accurate yardage info. Every now and then I'll hit the range to work on something swing specific if I have something I am really struggling with but I unfortunately play more shitty courses now (listen to podcasts, sports talk radio, music, etc) and have a 3 hour practice session and limit nice courses ($60-$100) to maybe twice a month.
The bubble will burst, it always does, then prices will drop.
My suggestion is to follow as many of them as you can and keep an eye on their specials. Almost everywhere does it from time to time when they see a drop off. Some sort of local special or two for $____ or half off a round the month of your birthday, etc.
This post was edited on 2/3/23 at 6:27 am
Posted on 2/6/23 at 1:51 pm to 0jersey
quote:
my point is really that these courses just are not supplying anywhere close to the value anymore.
play or don't. Its not obligatory. But bitching about it isn't going to change anything. Be glad they're making nice profits. Better than closing courses to turn them into residential neighborhoods.
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