DVC add on during this "recession"

[melissalee1220]

Being an opportunist I'm wondering if you think this "recession" will bring down prices/bring more incentives for those of us looking to buy more? I'm going to be adding on to SSR and I'm wondering if this poor economy will be in my favor! What do you think?

 

[U2FanHfx]

I'm a Canadian, so for us it's a little bit different since it's a great time for us to buy. However, if you recall after 9/11 Disney was shocked at the occupancy at DVC resorts. While the other resorts suffered, DVC was near capacity. I think this 'system' creates a recession proof bubble. That is unless people start defaulting on stuff, then that trouble begins.

Just my opinion.

CJM

 

[DLBDS]

I posted a similar question earlier. Here's a link to that thread (it's only one page)....

http://www.disboards.com/showthread.php?t=1710942

 

[iloveokw]

The term "poor economy" is relative. We have been flying on sold out planes, staying at sold out DVC resorts and fighting massive crowds in the parks. Drive down the main road of your town - aren't all the restaurants (especially fast food) still busy??? People pay for what they want NOW, not what they need.

 

[Mr Man]

The term "poor economy" is relative. We have been flying on sold out planes, staying at sold out DVC resorts and fighting massive crowds in the parks. Drive down the main road of your town - aren't all the restaurants (especially fast food) still busy??? People pay for what they want NOW, not what they need.

I agree. Here in Houston, as long as oil price is high, we are about as recession proof as you can get for a majore metropolitan area in the US. However, I am seeing quite a few foreclosures in neighborhoods around my homestead. This, combined with US banks tanking makes me think we are in for one heck of a hangover once the bill comes due for all the spending.

I am still going to SSR in 25 days though.....on a sold out plane.....to a packed WDW.......ah, life is good (if fleeting).

Regards,

 

[Dean]

Being an opportunist I'm wondering if you think this "recession" will bring down prices/bring more incentives for those of us looking to buy more? I'm going to be adding on to SSR and I'm wondering if this poor economy will be in my favor! What do you think?

I doubt the slower growth will have much effect overall. Given we've not had a single month so far without grown and the definition of a recession is 6 consecutive (or 2 quarters) of shrinking, I don't think I'd use the R word. Just another example of the media blowing things out of proportion.

 

[cincinmouse]

I doubt the slower growth will have much effect overall. Given we've not had a single month so far without grown and the definition of a recession is 6 consecutive (or 2 quarters) of shrinking, I don't think I'd use the R word. Just another example of the media blowing things out of proportion.

You forget this is an election year we should be hearing about a DEPRESSION (4quarters negative GNP?) by the time summer rolls around

 

[Buckeye Fan]

I am still going to SSR in 25 days though.....on a sold out plane.....to a packed WDW.......ah, life is good (if fleeting).

How funny! I will be right there with you, my friend! I'm at 31 days...on a sold out plane...to a packed WDW...but who's counting???

 

[Mr Man]

How funny! I will be right there with you, my friend! I'm at 31 days...on a sold out plane...to a packed WDW...but who's counting???

Salute'!

I will make sure they know you are coming.

 

[crisi]

In the past, Disney has not lowered prices - other than offering perhaps some better buy ins (and the best deal was not in the post 9/11 recession). Instead they have slowed and repaced their growth plans. I agree with drusba in the previous thread, IF they are building CRV what a recession will do is delay its completion - and perhaps slow completion of the AKL interiors as well. They'll pace their capital spend for sales. Disney has time on their side.

 

[rsinj]

.

 

[Slakk]

I doubt the slower growth will have much effect overall. Given we've not had a single month so far without grown and the definition of a recession is 6 consecutive (or 2 quarters) of shrinking, I don't think I'd use the R word. Just another example of the media blowing things out of proportion.

I work for one of the largest banks in the country (one of the few NOT hit very hard by the loan debacle) and we met with a Sr leader a few months ago and he indicated they thought by second quarter we should be fine.

Dean is right in an election you will hear people whine, although in 2000 the banks were already in recession mode prior to election and in that case there actually was one. Banks are usually a good barometer although since most got caught up in the loan issues it is difficult to use them this time.

 

[DVC Mike]

I work for one of the largest banks in the country.

Hmm, I wonder if we work for the same bank...

 

[Mtnman44]

well said Dean.

I doubt the slower growth will have much effect overall. Given we've not had a single month so far without grown and the definition of a recession is 6 consecutive (or 2 quarters) of shrinking, I don't think I'd use the R word. Just another example of the media blowing things out of proportion.

 

[Dean]

You forget this is an election year we should be hearing about a DEPRESSION (4quarters negative GNP?) by the time summer rolls around

Unfortunately most people can't see past the hype.

 

[toocherie]

Went to a lunch panel today on commercial real estate in Orange County, California and it was all "doom and gloom"--except for the industrial sector where the issue isn't people wanting to buy/lease--it's inventory is so low there's nothing to sell or lease! However, my opinion (like others) is that the doom and gloom just feeds on itself . . . .

Anyway, back on topic--I don't think any recession will result in a bargain on DVC prices because Disney is not going to let the prices drop too low--they will exercise ROFR and "bank" the points until the demand goes back up again.

 

[Mtnman44]

Who cares about a recession when we are all going to be dead soon anyway from either the bird flu, global warming, or trans fat ?

Unfortunately most people can't see past the hype.

 

[DLBDS]

Who cares about a recession when we are all going to be dead soon anyway from either the bird flu, global warming, or trans fat ?

You left out 'mad cow'.

 

[Mr Man]

You left out 'mad cow'.

& poison spewing satellites plummeting to the earth.......

 

[larrytau]

& poison spewing satellites plummeting to the earth.......

Not to worry about that! They are being blown up in space by our Navy!