Quote:
Originally Posted by Dean
One of the problems with timeshares is that the market is so specialized that market forces do not work well. It is unrealistic to think that a new company will spring up with the idea of selling at a lower price.
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I completely disagree with this argument, but am open to changing my mind with some sort of reasoning or evidence. All it takes is one person seeing an opportunity to exploit an inefficient market and taking initiative. It happens all the time, every day, in markets large and small, broad and narrow. I am not aware of any significant barriers to entry in the timeshare reseller market.