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Reply to "Country Clubs...I want facts. "
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[quote=Anonymous][quote=Anonymous]I really didn't know the initiation fee was gone forever. With a club like Congressional or CC, where does most of the initiation fee and monthly dues money go? I mean no one's getting rich off the initiation fee, right? Is all that money really used to run the club and various contingencies? It just seems like a flood of money. [/quote] Memberships turn over slowly. It sounds morbid, but the waiting list is ages long and you almost have to wait for someone to die to get in. Its not like they have dozens of people signing up every week. But yes, it does go toward the upkeep of the club which is substantial. Upkeep on the golf course alone is mind boggling. [/quote]
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