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Golf deep in the hole — San Diego no exception
The price reduction of golf courses should not shock anyone - did you hear about the real estate market between 2006 & 2011? As the real estate market goes, so does the economy in general. Most people were having a tough time financially and golf just isn't a priority at that point. The number of courses is high in this town but I actually like that for two reasons. First, I love a deal when it comes to golf and courses are trying to get golfers to their course with discounts. Second, I would argue that golf courses do make for great open space and, as mentioned before, are sometimes in an area that are prone to flooding - see Riverwalk as the classic San Diego example. Many courses have open space as part of their design like Mt. Woodson. As the real estate market/economy continues to improve so will the courses and their values. [Golf San Diego courses and homes for sale][1] [1]: http://www.cowlesmountainrealty.com/golf-san-dieg…— August 17, 2013 11:13 a.m.