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Reply to "Are Country Clubs all Middle Class People"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]In our area, those who joined clubs are the classic striver types, always name dropping, always upgrading their cars and homes and vacations. I can’t think of anything I’d like to do less than join a club where all these people congregate. [/quote] [b]I doubt that there are many members at my club whose income is below seven figures. [/b] That is really what is needed to support a membership. Why? Because quite a number belong to more than one club, have a second home (some a third), and travel a fair amount. They are not upgrading things -- they just buy what they want. They also do not name drop. I have noticed a trend though. In the past you would see lawyers, doctors, execs, as members. In the DC area -- the big lobbyists as well. And of course their adult kids who held similar jobs. Over the last few years there are a lot more younger people joining with lots of family money. Some have high paaying jobs, while others have modest jobs but the common fact is that there is a lot of family generational money out there.[/quote] You don't hang out at regular country clubs then. Plenty of members in the 350-500k range at regular clubs. And yes they are all strivers. Lots of kitchen renovations and very few second homes. Tons of name dropping, and only being friends with "certain" families. [/quote] You need a lot of disposable income to be a member at a club. Everyone seems rich at ours, whether it is family money or high income. It is doubtful that you would join a country club before having a nice home, saving for college, etc. We considered joining at 500k and 800k and didn’t think it was worth the cost. When we hit 2m, it was not a big deal to drop 100k for initiation and pay the 30k per year. It really is a waste of money if you think of how few times we go. Dh will think it is worth it. He takes friends and colleagues golfing. We go to holiday brunch, Halloween party and other events throughout the year. My boys are excellent tennis and golfers.[/quote] Oh I 100% know it is not worth it. But I also 100% know that people in our neighborhood belong to the "local" club closest to us without adequate college or retirement savings (relative to their current spending levels) and belong with a sub $500k income. Absolutely. [/quote] That is their choice. 500k is still UMC, not MC. As pp said, MC us more like 50-100k and no, those people cannot afford to join a country club unless their parents are paying for it and then that means they have family money.[/quote] I was responding directly to the PP I quoted who stated that there were not many people in country clubs with less than a 7 figure income. False. [/quote]
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