Quote:
But golf's popularity has declined in recent years, as younger generations haven't taken to the game with the same level of enthusiasm as their predecessors. Golf participation peaked in 2001, when nearly 30 million people played more than 500 million rounds; in 2017, that figure dropped to nearly 24 million people playing about 450 million rounds, according to the National Golf Foundation.
That blurb was speaking specifically about the younger generation.Burdizzo said:Quote:
But golf's popularity has declined in recent years, as younger generations haven't taken to the game with the same level of enthusiasm as their predecessors. Golf participation peaked in 2001, when nearly 30 million people played more than 500 million rounds; in 2017, that figure dropped to nearly 24 million people playing about 450 million rounds, according to the National Golf Foundation.
From the wsj article I posted
Quote:
While some statistics suggest golf may be on the decline, caretakers of the game say the reality is more complicated. Here are figures provided by the National Golf Foundation, which is the golf industry's primary research and consulting organization, and the Colorado Golf Association:
Golf participation in the U.S. peaked in 2005 at about 30 million golfers, according to the NGF, at a time when Tiger Woods was at the height of his popularity. That number dropped to about 24 million but has held steady at that level for the past five years.
Before that, there was a boom in golf course construction, largely driven by real estate housing developments, which NGF officials say resulted in an "oversupply." In the preceding 20 years, 4,567 courses were built in the U.S., increasing the number of courses by 44 percent. Since then, about 500 new courses have been added, but there has been a net decline of 1,230 because of course closures. Golf industry officials consider this a "market correction" because of the preceding boom in golf real estate developments, rather than a sign of golf's declining popularity.
Reflecting the boom in course construction nationally, Colorado saw a large upswing in the 1990s (52 new courses) and the 2000s (46), according to CGA figures. Since 2000, nine Colorado courses have closed. The state has 246 in operation.
The high point for public rounds played in metro Denver occurred in 2002 (1,917,337), according to the CGA, and that number dropped to 1,766,951 in 2003. From 2013-17 (the last year for which numbers are available), the number of metro Denver public rounds has held steady, averaging 1,721,179.
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In the early 2010s, golf participation among Americans between the ages of 18 and 34 was 9%, down from 14% in the early 1990s, according to data from the National Golf Foundation. Generation X people born between 1965 and 1980 makes up the largest proportion of golfers today, accounting for nearly 7 million of the 24.7 million golfers nationwide. However, millennials are more likely to take up golf after an increase in income, as the generation's older cohort had higher participation rates than those between the ages of 24 and 29 who had mounting student loan and credit card debt, according to the NGF.
Burdizzo said:
https://www.marketwatch.com/story/why-golf-has-gone-the-way-of-the-three-martini-lunch-2016-07-13Quote:
In the early 2010s, golf participation among Americans between the ages of 18 and 34 was 9%, down from 14% in the early 1990s, according to data from the National Golf Foundation. Generation X people born between 1965 and 1980 makes up the largest proportion of golfers today, accounting for nearly 7 million of the 24.7 million golfers nationwide. However, millennials are more likely to take up golf after an increase in income, as the generation's older cohort had higher participation rates than those between the ages of 24 and 29 who had mounting student loan and credit card debt, according to the NGF.
bro, get a digital sub to the WSJ.IrishTxAggie said:
Pay article
I'm a millennial!! I don't pay for subs! I borrow login information from friends!BigPuma said:bro, get a digital sub to the WSJ.IrishTxAggie said:
Pay article
He brags about how he lives the life of the rich and famous but can't access a WSJ article. Oh, brother.BigPuma said:bro, get a digital sub to the WSJ.IrishTxAggie said:
Pay article
Old RV Ag said:He brags about how he lives the life of the rich and famous but can't access a WSJ article. Oh, brother.BigPuma said:bro, get a digital sub to the WSJ.IrishTxAggie said:
Pay article
That one is actually mine. I write off the annual fee on my taxes because I use it to buy 'office supplies' under my LLC.BigPuma said:
So who's amazon account you borrowing?
Oh my, what a brilliant move to wealth management.IrishTxAggie said:That one is actually mine. I write off the annual fee on my taxes because I use it to buy 'office supplies' under my LLC.BigPuma said:
So who's amazon account you borrowing?
It's worked out pretty well for me so far.Old RV Ag said:Oh my, what a brilliant move to wealth management.IrishTxAggie said:That one is actually mine. I write off the annual fee on my taxes because I use it to buy 'office supplies' under my LLC.BigPuma said:
So who's amazon account you borrowing?
Son, a double wide is not something to aspire to.IrishTxAggie said:It's worked out pretty well for me so far.Old RV Ag said:Oh my, what a brilliant move to wealth management.IrishTxAggie said:That one is actually mine. I write off the annual fee on my taxes because I use it to buy 'office supplies' under my LLC.BigPuma said:
So who's amazon account you borrowing?
But the triple wide is what really sets me apart...Old RV Ag said:Son, a double wide is not something to aspire to.IrishTxAggie said:It's worked out pretty well for me so far.Old RV Ag said:Oh my, what a brilliant move to wealth management.IrishTxAggie said:That one is actually mine. I write off the annual fee on my taxes because I use it to buy 'office supplies' under my LLC.BigPuma said:
So who's amazon account you borrowing?
Don't forget the F350 parked out front.IrishTxAggie said:But the triple wide is what really sets me apart...Old RV Ag said:Son, a double wide is not something to aspire to.IrishTxAggie said:It's worked out pretty well for me so far.Old RV Ag said:Oh my, what a brilliant move to wealth management.IrishTxAggie said:That one is actually mine. I write off the annual fee on my taxes because I use it to buy 'office supplies' under my LLC.BigPuma said:
So who's amazon account you borrowing?
IrishTxAggie said:
Could only afford the F250 after I put in the pool...
Old RV Ag said:Disagree. If this were true, social media wouldn't be a big thing. Number of followers wouldn't be tracked and we sure wouldn't have that thing called a selfie! To them, "local" is the world.CS78 said:
Very true. My grandparents kept their country club membership for years after my grandfather stopped playing gold just so they could take us to the pool. Now days, my kids go with their grandmother to our neighborhood pool.
I also agree with the younger generation being less likely to feel the need to climb the local social ladder.
Disagree. In this social media age they go hand in hand in countless ways. Examples include only people with so many followers (recognition) are invited to certain functions helpful for their career (hierarchy). It's just a variation on a theme of the country club recognition/hierarchy conflation.TriAg2010 said:Old RV Ag said:Disagree. If this were true, social media wouldn't be a big thing. Number of followers wouldn't be tracked and we sure wouldn't have that thing called a selfie! To them, "local" is the world.CS78 said:
Very true. My grandparents kept their country club membership for years after my grandfather stopped playing gold just so they could take us to the pool. Now days, my kids go with their grandmother to our neighborhood pool.
I also agree with the younger generation being less likely to feel the need to climb the local social ladder.
You are conflating recognition and hierarchy.
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Immediately upon the sudden passing of our partner Larry Klein, we were informed that Larry's estate would now become the sole manager of 5th Hole Investments. Since management rights passing to an estate is not typical, we requested documentation to understand how this was possible. The family assured us they intend to move forward and would arrange an in-person meeting following the funeral and grieving process to formalize the transfer.
Since then, we were told that Robert L. Klein, Larry's son, had been appointed as the personal representative (PR) of Larry's estate, despite being described by the family as "not having a strong relationship with Larry". We were then also told that two eminent domain attorneys from Minnesota and Wisconsin would be representing the Klein estate's interest in 5th Hole Investments, LLC, as its sole manager. They immediately proceeded to take the unilateral actions of shuttering the clubhouse, banning us from the property and halting the project, all of which to our knowledge was done wrongfully. We reached out to the family and both attorneys multiple times in an effort to understand their actions, yet we were provided no logical explanation and only hostility. The attorneys for Larry's estate continue to insist that the PR of Larry's estate is the sole manager of 5th Hole Investments and as such, has the right to approve of all actions since he now controls the property. However, despite multiple requests, the estate never furnished any documentation proving that Robert L. Klein, as PR of Larry's estate, is actually the sole manager of 5th Hole, something that is seemingly in contravention of the 5th Hole operating agreement.
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The proposed $150-million project, which was approved by the Apopka City Council in March, includes 264 new residences, a redesigned championship golf course, a 15,000 square foot clubhouse with restaurant, a boutique lodge hotel, a two-acre water park, outdoor parks and trails, and an Adult Living Facility.
