So far as I can tell, growing the game has done well at driving up prices. 😎
A very insightful observation especially through the COVID period. Not just higher prices but less availability, slower rounds etc.
Atb
Insightful??? Simple, kitchen-table economics, my good man, i.e. goose demand without increasing supply, rounds re-price. Homo economicus is not just the rich guy, "the greedy billionaire" we love to malign, but also the owner, board member, or the GM who must answer to his boss. It includes the UK local member who enjoys an incredibly low subscription by giving up some of his access, privacy and convenience to allow "visitors" to pay for the substantial portion of his club's operating costs. A fair, uncoerced exchange, it seems to me. Of course, this does not preclude some members, those who enjoy the benefits, but not the costs, from whining righteously.
A consideration in answering the original question is the span of time remaining in one's golfing life. I looked at an overseas membership at Royal Portrush shortly after the pre-Open renovation and the upfront cost (£20k-) just seemed prohibitive for the number of years I have left to amortize that amount, Had this fee been nominal and the annual subscriptions three or four times higher, it would have been an easier decision.
I wish I would have jumped on one of these 30 years ago as playing in the UK has been a highly rewarding experience. Having a place over there to call home is gratifying, but finding the right place is key. It is certainly worth exploring.