Thanks Greg. A related issue I've wondered about, as I had a slight awareness of the income approach twisted to short term rentals.
Why aren't they valued based on revenue? It would seem to me that is they bring in multiples of income above prevailing rents, that then that property should be appraised higher. It's a business, not a residence.
As an aside, when I worked as a census taker in 2020, sorry term rentals were not considered residential by the census.
I would also point out that you may want to consider that the members of those clubs each pay six figures in personal taxes every year. They pay a good portion of the taxes in the county. Regarding if the land is useful being a golf course, they have been around since the early to mid 1900’s so housing wasn’t an issue. Everything in the world isn’t rich people’s fault. Quail Hollow brings in a ton of money to the region with tournaments, so we can probably cut them a little slack.
Hi Ron, thanks for dropping in. A couple of things to know:
1. Country clubs are not necessarily nonprofits. Quail Hollow and MPCC specifically are not according to their filings, some others in Mecklenburg County are. Those that are rely on a very tenuous reading of nonprofit law, seeing as how they provide no direct public charitable benefit.
2. Having been around for a relatively long time is not an argument for ongoing existence, nor for favorable tax treatment. The needs and prevailing mores of societies change; politics is the process of adapting systems and structures to our ongoing needs and priorities. Was housing an issue when the clubs were created? Perhaps not. Now it is, as is public green space. At the very least, the county owes its citizens to eliminate special tax benefits for country clubs and tax them at their highest and best use. If they want to pay those taxes, at least they'll be contributing equitably.
3. The Labor Theory of Value shows that the excess value we call profit is the result of workers having to sell their labor. The difference between the value of their labor and the value of what their work produces is profit. The profits that pay for luxury goods are produced by workers and taken from them. You wanna cut someone some slack, cut workers some slack.
Mark Jerrell, D4: mark.jerrell@mecklenburgcountync.gov
Leigh Altman, at-large: leigh.altman@mecklenburgcountync.gov
Pat Cotham, at-large: pat.cotham@mecklenburgcountync.gov
Arthur Griffin, at-large: arthur.griffin@mecklenburgcountync.gov
Elaine M. Powell, D1, vice-chair: elaine.powell@mecklenburgcountync.gov
Vilma Leake, D2: vilma.leake@mecklenburgcountync.gov
George Dunlap, D3, chair: george.dunlap@mecklenburgcountync.gov
Laura Meier, D5: laura.meier@mecklenburgcountync.gov
Susan Rodriguez-McDowell, D6: susan.rodriguez-mcdowell@mecklenburgcountync.gov
I don’t see our email addresses. Don’t forget to add them. We need to hear from people!
Thanks for the reminder.
Thanks Greg. A related issue I've wondered about, as I had a slight awareness of the income approach twisted to short term rentals.
Why aren't they valued based on revenue? It would seem to me that is they bring in multiples of income above prevailing rents, that then that property should be appraised higher. It's a business, not a residence.
As an aside, when I worked as a census taker in 2020, sorry term rentals were not considered residential by the census.
Country clubs are non profits
I would also point out that you may want to consider that the members of those clubs each pay six figures in personal taxes every year. They pay a good portion of the taxes in the county. Regarding if the land is useful being a golf course, they have been around since the early to mid 1900’s so housing wasn’t an issue. Everything in the world isn’t rich people’s fault. Quail Hollow brings in a ton of money to the region with tournaments, so we can probably cut them a little slack.
Hi Ron, thanks for dropping in. A couple of things to know:
1. Country clubs are not necessarily nonprofits. Quail Hollow and MPCC specifically are not according to their filings, some others in Mecklenburg County are. Those that are rely on a very tenuous reading of nonprofit law, seeing as how they provide no direct public charitable benefit.
2. Having been around for a relatively long time is not an argument for ongoing existence, nor for favorable tax treatment. The needs and prevailing mores of societies change; politics is the process of adapting systems and structures to our ongoing needs and priorities. Was housing an issue when the clubs were created? Perhaps not. Now it is, as is public green space. At the very least, the county owes its citizens to eliminate special tax benefits for country clubs and tax them at their highest and best use. If they want to pay those taxes, at least they'll be contributing equitably.
3. The Labor Theory of Value shows that the excess value we call profit is the result of workers having to sell their labor. The difference between the value of their labor and the value of what their work produces is profit. The profits that pay for luxury goods are produced by workers and taken from them. You wanna cut someone some slack, cut workers some slack.