I completely agree with this. I'm not saying that David's have dealt with this perfectly, but I haven't heard of any other brokers doing better! I understand some people are very upset that points may expire without being used to their 'value', but that is an issue with
DVC rather than Davids.
From what I have heard, they have asked owners to re-book if possible. This is completely understandable. They're still offering the same amount you agreed to accept for your points, they're just hoping you can move them!
Rather than asking renters to re-book in such uncertain times they are giving them a voucher so they can re-book at any time they choose in the next year or two. This seems to be a lot better than some other brokers are offering.
They're doing this because they want to keep the business afloat! Of course they should have some reserves, but Virgin Australia went into administration today and
Virgin Atlantic looks likely to follow. These are massive companies but they can't cope with this unprecedented amount of refunds. Everyone has different circumstances, and I wouldn't dream of telling anyone to take the voucher if they need the money, but for those that can afford to wait you may be helping a company stay afloat and keep people in jobs, as well as ensuring that everyone who does take this option still has a broker to work with!