We went through the same issue at our camp. What it boiled down to (myself included) was that most members were ambivalent about cost vs benefits of using hounds when it was required to support the costs of 6-8 hounds annually, plus all the other related canine issues.
The solution was to "pool" with another camp that was using hounds. That way we were able to reduce the number of hounds in inventory, down to about 4 between the two camps. Also, this allowed us to:
- organize larger hunts with more parties on watch - which proved to be quite beneficial during pushes.
- hunt with alternative, less organized, methods when we were "dogged out", hung-over, etc.
- spend a lot less time chasing down lost hounds with the radio receiver.
Regardless of the situation, its difficult to get a decent "payback" if you use/raise hounds the way you do. If the season was longer, or the hounds had other uses.... In the end, it becomes a labor of love.