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$20,000 to Look Hot
Well, you could. If the price of the club goes up, then you could sell it for higher than you bought in for. So Jason, you were telling me like 30, 40, 50 years ago, the membership was like $4,000, right? Yeah. And now it's at $20,000.
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It's so like when I sold it last time.
Hold on, let me explain. Let me explain. Let me, let me just like, let me bring people in. Jason goes to tennis club where it costs $20,000. To be a member, which is ridiculous. But here's the catch. It's basically like buying a house. So you're buying into t…
Except you don't make any money.
Well, you could. If the price of the club goes up, then you could sell it for higher than you bought in for. So Jason, you were telling me like 30, 40, 50 years ago, the membership was like $4,000, right? Yeah. And now it's at $20,000.
It's true.
So those people would, I mean, realistically be making $16,000 if they sold their membership.
True.