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Rebecca Artis of Australia golfs at the Fatima Bint Mubarak Ladies Open. Photo: Tom Dulat/Getty Images

Younger generations of Americans aren't flocking to play golf as much as they used to, causing a decline in property value for homes near golf courses, the Wall Street Journal reports.

By the numbers: Between 1970 and 2010, 950 golf clubs with homes inside or adjacent to their gates were built. In 2017, more than 200 golf courses closed, while only 15 new ones opened. When a golf course closes, prices for nearby homes plummet 25%, or 40–50% if the closure is accompanied by a contentious legal battle, WSJ reports.

Go deeper

Trump set to appear at Pennsylvania GOP hearing on voter fraud claims

President Trumpat the White House on Tuesday. Photo: Chip Somodevilla/Getty Images

President Trump is due to join his personal lawyer Rudy Giuliani in Gettysburg, Pennsylvania, Wednesday at a Republican-led state Senate Majority Policy Committee hearing to discuss alleged election irregularities.

Why it matters: This would be his first trip outside of the DMV since Election Day and comes shortly after GSA ascertained the results, formally signing off on a transition to President-elect Biden.

Scoop: Trump tells confidants he plans to pardon Michael Flynn

Photo: Alex Wroblewski/Getty Images

President Trump has told confidants he plans to pardon his former national security adviser Michael Flynn, who pleaded guilty in December 2017 to lying to the FBI about his Russian contacts, two sources with direct knowledge of the discussions tell Axios.

Behind the scenes: Sources with direct knowledge of the discussions said Flynn will be part of a series of pardons that Trump issues between now and when he leaves office.

Erica Pandey, author of @Work
9 hours ago - World

Remote work shakes up geopolitics

Illustration: Eniola Odetunde/Axios

The global adoption of remote work may leave the rising powers in the East behind.

The big picture: Despite India's and China's economic might, these countries have far fewer remote jobs than the U.S. or Europe. That's affecting the emerging economies' resilience amid the pandemic.