I think golf courses in San Diego are already hurting. On the daily fee courses in town, there are weekday specials galore (free lunch, play twice, etc.).

For non-equity private clubs, initiation fees have come down. Golf Club of California in Fallbrook has dropped its refundable deposit requirement from $40k to $20k. You can get into Escondido Country Club with no money down.

Among equity clubs, Vista Valley is hurting for members while Santaluz was offering a special on dues and guest fees.

I don’t know if it’s been discussed here previously but if RE goes into the tank, how badly will the golf industry in town get hammered?