I had an ad in my FB feed for discounts on RR, Aulani, and CC direct. Up to $3500 off RR (250-299 points.) Up to $8000 off Aulani for same number of points, and up to $5500 off CC.
It would be irrational for a seller to do anything differently on account of this. But perhaps some will
That’s exactly what I was thinking.Unless they were thinking of selling and decided that it might be better to try now before values go lower?
That’s exactly what I was thinking.
Unless the stock market doesn't turn around and we go into a recession or depression. Then DVC Sales might just close down temporarily and stop construction on Reflections and the DL resort, plus any renovations that haven't started yet.
After 9/11, Disney did shut down POFQ for a period of time. A temporarily closed resort doesn't cost that much. Since most of the DVC resorts are already sold, they will stay open as usual.
The thing is some owners look at their DVC as investment. If they were retired and just lost a bunch of money in the market, the might be looking to recoup that money by selling their DVC. The only problem with that is the market of buyers is going to dry up right now. If they want to sell their contract they are going to be getting substantially than they thought.It would be irrational for a seller to do anything differently on account of this. But perhaps some will
Bummer about construction likely being halted. Was holding out hope that reflections would be finished in time for our 2022 vacation!And that is exactly what they will do. Halt construction on new resorts. ROFR will become easy to pass. Resales are about to get cheap (but give it three months). But all they will do on Riveria is add some incentives - most which will be centered around getting you to go for a "free" trip once everything calms down. I wouldn't be shocked to see "free trips" as an incentive - i.e. a years worth of points, park passes and a dining plan. But it will be very limited in its time to use, when park attendence is projected to be down and Disney wants to show a happy busy and safe park.