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Exclusive Country Clubs in the Rough
Hard economic times leave exclusive country club in a “forced carry” situation.
Just a year ago, clubs were touting their outrageously high fees, meant to keep out the riff-raff and insure true exclusivity. Now they are acting more like desperate fitness gyms. The Golf Club of Cape Cod, in Falmouth, opened in 2007 with an $85,000 initiation fee. Now initiation is…free! (they may have to pay a fee later or higher dues).
...During the Great Depression, a third of the nation’s golf clubs shut down for lack of business…
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Categories: Falmouth, News
Keywords: country clubs, golf, golf courses, The Golf Club of Cape Cod
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