The uber-wealthy are still buying homes on luxury golf course developments, but the rest of the market is hurting as courses close and projects stall around the world.
"The last few months have seen the demise of at least two high-profile projects. One was a projected $70 million corporate golf club called The Presidential in Dulles, Va. Partially open since April, the club was reasonably on schedule in its quest for 150 corporate memberships at $60,000 a year, according to a former consultant to the club. But financing problems, at least partially related to the home-mortgage crisis, forced The Presidential to close in September."
"New residential golf developments in the U.S. are few and far between, leading to a net standstill in golf-course openings generally. More courses closed than opened in both 2006 and 2007, according to the National Golf Foundation, a sharp contrast to the course-building boom that started in the 1990s."
FULL STORY: Golf's New Landscape

Alabama: Trump Terminates Settlements for Black Communities Harmed By Raw Sewage
Trump deemed the landmark civil rights agreement “illegal DEI and environmental justice policy.”

Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.

Why Should We Subsidize Public Transportation?
Many public transit agencies face financial stress due to rising costs, declining fare revenue, and declining subsidies. Transit advocates must provide a strong business case for increasing public transit funding.

How Housing as a Financial Product Harms Communities
Institutional buyers who treat housing as an investment product become disconnected from the impacts of higher rents, displacement, and housing instability.

Blinded by the Light: When Brighter Headlights Decrease Safety
Bright LED headlights can create glare and reduce visibility for other drivers and pedestrians.

Study Links Covid and Poor Driving
The effects of the virus, including ‘brain fog,’ can make driving more difficult and dangerous.
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