Are they really going to let roughly 30% (38% of current inventory prior to Riviera and Reflections) of all point inventory expire? That is basically what you are talking about reentering the market all at once. (minus the 5% of that 30% that Disney owns, or whatever % that is)Disney makes tons more from financing a direct purchase than the cost of the points themselves. Even if you drive some savvy 100-point buyers to resale, I wonder how many new buyers (not on the DIS) will end up financing 100 points when they’re told that’s the minimum buy in? How much does that work out to?
(This is also the same reason why I think they will not ever offer an extension on BWV or BCV)
I just can't see them letting all those points expiring instead of doing an "extension" for current owners. I could see them doing a 55 year contract where your current contract gets torn up, you get a bigger "legacy discount", and all the new rules hit you immediately (resale restrictions or whatever else is out there).
I see people talk about Disney pulling back these resorts but I haven't come across an actual reason why they would not be pre-selling these to existing owners years ahead of time.