Very interesting topic for me, as I would like to find a club that works for me. I believe I live in one of the worst private club markets in the world - Scottsdale. Due to the travel industry, high end daily fees dominate. The clubs seem to fall into one of two categories:
$100k+ - more of a money club than a golf club. Typical member is Joe Smith, owns/semi retired Smith Lumber in Mid West, 60, children gone, 20 handicap, this is his third or fourth club. Great guy to do business with, this is a golf club, I am there to play golf.
Second tier $50k clubs - Gainey, Moon Valley. Courses do not seem to be any better than daily fees from a pace, routing nor conditioning perspective. I was a junior member for a couple years at Gainey and did play (12 holes at 6pm type) and hit balls much more.
The alternatives in this market that have developed are:
Golf card - Troon offers an annual pass to play the approximatley 15 properties that they manage at 50% off.
Member for a year - TPC and Superstition Mountain offer annual membership for about $5k plus mandatory cart fees.