"In South Florida, where buildable land is fast disappearing, developers see golf courses as wasted space, the [New York] Times reported. Vast swaths of land that were once pristine courses in the middle of residential communities are becoming highly exploitable territory—prime opportunities for profits much greater than what fairways and putting greens can provide. As a result, the fallout of the downturn in the sport has been felt most keenly by residents of communities where the holes are no longer being played, primarily because the value of their homes often drops markedly once the course has closed." -- Club &Resort Business News, Florida Clubs’ Comeback Efforts Featured by New York Times by Joe Barks, Nov 25, 2015