We should be thankful that we have a few very smart, altruistic brothers and sisters who are looking out for our well being. In this new year, it is not up to us lesser folks to understand or to question, but to accept and feel extremely fortunate that we're being looked after.
For those with developed property in desirable areas of CA, radical regulation has probably had a beneficial impact on wealth. By artificially restricting new development and driving up costs, it just makes the current inventory all the more valuable. If there was a such thing, what would a house in Carmel purchased in 1984 for $170,000 be worth today? Well over a million? In Arlington, Texas, a rapidly growing, desirable area with only moderate barriers to entry, that house might be worth $180 - $200,000 today.
It is rather ironic that in a liberal state like CA, heavy regulation has actually resulted in larger disparities in wealth, and living conditions. The actions of these well meaning Mensians have made it more difficult for lower income people to secure affordable housing, while lining-up the pockets of long-time property owners. Malibu may be unsightly to some, but it sure beats the hell out of east L.A.
And how does this relate to golf architecture? I have long argued that one of the primary reasons that we do not have many upper echelon modern courses is that most of the sites near large population centers are not available because of prior use, price, and regulation. Those courses that are built have to make so many permitting concessions that building an ideal course becomes very secondary to just getting it completed. Dos Pueblos, on a previous oil transport site, can't be built today after 10+ years of careful, meticulous planning. Does anyone believe that CPC or PB would have been built under the present envrionmental regulatory regime? I think not. Can anyone argue that these two courses are not highly cherished and closely identified with CA? Can the economic benefit that they bring to the area be discounted? Then, why do we want future generations to be deprived of similar treasures?
Finally, ask the Alaskans whether they want pretroleum development near the Artic Circle. I believe that polls have shown 80-90% support. Only a few whacko environmentailists, I mean rare, highly enlightened/strongly- principled superior beings, primarily on both coasts, actively oppose the development. If the Eskimos can't do without the oil dividend check, let them eat more fish (but make sure they don't kill whales or baby seals). Mind you that few of them (the elites) and a vast majority of Americans will ever gaze on this pristine environment. But we can sure feel good when we foresake our SUV in favor a Yugo, and we can get our fix of golf on a video game or simulator.
Happy New Year.