Explain the advantage of living in golf estates

"The New York Times" reported in 2007 that thousands of home built on golf courses are subject to way wards shots. Not every home on a golf course is in the way of errant tee shots. A home built adjacent to a tee box may offer a beautiful views. Living on the course gives an avid golfer more time to practice and play. But a failed golf course could abandonment of the facility, creating an eyesore and declining properties values.