Quote:
Originally Posted by tophcfa
The biggest problem I see with the growth is future demographics. Retireing baby boomer's with savings, pensions, and social security will buy up the homes and enjoy the lifestyle. What will happen when this generation dies off. The generations next in line are smaller in numbers, no longer work for companies with pensions, don't have the same passion for golf, and who knows what will be the state of social security? The supply and demand balance will be very different in 20 - 30 years. Oh well, not really our problem, our children will have to deal with this when they inherit our homes.
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I have no idea where you got your information, but I couldn't disagree more. As much as many love to bash them, millenials are actually better with money than boomers or gen X according to the article linked below. Don't have the same passion for golf? Not only is there passion, they're actually starting at a MUCH younger age than we did! See second article linked below.
Millennials are more financially responsible than Boomers or Gen X
Number of golfers steady, more beginners coming from millennials - Golf Digest