Hilarious premise. People of certain persuasion were saying this last summer. Didn’t happen.
I’ll take the other side and say we’ll have diesel prices sub-gasoline within the next 2 years, which will be a substantial boon to the entire economy. And we’ll have resolved multi-decade geopolitical issues within a matter of months in 2026, to the disappointment of some.
Regardless,
DVC has always had extremely brief punctuated declines following big events, and then recovered quicker than you could make a buying decision. This doesn’t even register as one of them. I randomly was on Google Street View a few days ago and scrolled past a gas station from April 2025 and saw $3.09 gasoline; I literally just filled up at Costco for $3.10 an hour ago. Oil is in severe backwardation. The price of oil 3 months from now, in the middle of summer travel, can be locked up for $80. That shows none of what popular opinion is actually going to materialize.
Wake me up when political eagerness gives way to vapor-locked panic nonbuying. That’s when you’ll see a decline you’re looking for. That’s COVID/9-11/2008. Because you’re eagerly anticipating something that’s clearly not going to materialize means you won’t have the bargain basement prices you’re hoping for.
The commercial renting crackdown changes announced today will have a far larger impact on DVC than ideological day-dreaming fantasies.