This thread is about golf course architecture and how courses we study and discuss will no longer be in existance (NLE)
If those three items lose their deductible status, especially mortgage-interest, you can say goodby to golf/country clubs and the courses associated with them.
My kids, grandkids and great grandkids will NEVER know the good times that my generation and my father's generation enjoyed.
Unfortunately, America is on the decline. I don't like the thought of that, but, that's the reality of where we stand and will stand in the future.
The burdens of debt that have and continue to be piled up and the cost of unending, expanding social programs will be too much of a burden, but more importantly, just like situation where clubs have increasing expenses with shrinking memberships, the financial burdens on Americans will continue to increase while fewer and fewer Americans will be paying the billls/taxes. It's an inverted financial pyramid, doomed to fail by the essence of its structure.
Clubs are currently facing the same problem, members are resigning, leaving a smaller membership to shoulder the increasing costs to sustain the club. It can't last much longer, It's a death spiral.
As to those who say that this too will pass, it won't for a long, long time, if ever.
we've NEVER had such an anti-business environment in Washington as we do today.
Business, PROSPERITY and those who work hard to get ahead in life have been demonized.
I'm fairly familiar with club structures and the financial problems that clubs face today, and when you factor in the diminishment of the potential membership pool today, and after those changes are enacted, it won't take 5 years for many, if not most clubs to cease operations.
Those of you engaged in class warfare are condeming your kids and grandkids to lead lives of mediocrity, never having the opportunity to aspire to achieve the American Dream through industriousness and smarts.
I've been lucky, I lived a good life in good times in America, but I doubt that my kids or grandkids will ever have the opportunity to belong to and enjoy golf at a golf/country club.
Take as many photos as you can of the great courses, I doubt many will be around in 10 years