Heard the members bought it. I think a poster here is a member and mentioned it.
quote:You married well.
My FIL is a member and according to him they are indeed buying it. Not sure if it has officially closed yet though.
quote:Members run the club how they want as opposed to a management group running how they see fit. That's really the nut.
What is the advantage of disadvantage of this?
quote:It's not like they earned it...Maybe 1/20 of those "30 somethings" earned enough money to drop $150k in cash on a country club membership. The ones that actually earned it probably wouldn't spend it because they are too busy working.
What astounds me is the number of 30 somethings able to make the payment.