Word: koganei
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Dates: during 1989-1989
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Club fees have jumped as well -- although nowhere near the staggering levels paid in golf-crazy Japan (the most expensive: $2.5 million for the Koganei Country Club near Tokyo). In Highland Park, Ill., for example, initiation fees at the Exmoor Country Club have risen from $8,000 to $25,000 in the past five years. Memberships at some private clubs in the Los Angeles area cost more than $50,000, and $2,500 annually thereafter. But so far, golf aficionados are willing to pay those prices. Fore...
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