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- Oct 23, 2022
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It was the golden era to buy almost anything except CDs and UST….2010-2012 was the golden era for getting awesome deals on resale DVC.
It was the golden era to buy almost anything except CDs and UST….2010-2012 was the golden era for getting awesome deals on resale DVC.
A wise and confident soothsayer would sell their DVC contract ahead of a severe recession if that were the case. Alas, we all know that’s not going to happen.Have to agree to disagree.
I could counter every one of your points. But that’s not the purpose of the thread. The thread isn’t when will the next recession be. It is which resort will drop the fastest.A wise and confident soothsayer would sell their DVC contract ahead of a severe recession if that were the case. Alas, we all know that’s not going to happen.
Went through 25% inflation over 4 years with $5+ national average gas June 2022. Just filled up for $3.10 today and the war is ending. Check the headlines. Iran is relenting. China has put immense pressure on them. US recession?! This would be a depression in Asia if this doesn’t promptly end. America has literally the best setup energy-wise.
Venezuelan heavy crude is flowing to US Gulf refineries and ramping up significantly already. I remember years ago that diesel was routinely cheaper than gas. Now it’s at a $1-1.50 premium. You’re going to see jet fuel and diesel prices collapse over the next 12-24 months. This is going to reduce costs for everything, including travel.
DVC isn’t going to collapse in price. It won’t go up much. It’s basically going to ebb and flow. Maybe more commercial contracts will go up for sale with the renting clamp down announced today, and if people start getting their reservations canceled. Outside of that, you’re looking at regular price oscillations.
Yet:I could counter every one of your points. But that’s not the purpose of the thread. The thread isn’t when will the next recession be. It is which resort will drop the fastest.
Standard backhanded swipe shoehorned in.Given the current economic indicators, we may be in for a very painful economic recession. If this happens, which DVC resale property(s) do you think will drop the most and why?
Standard bullying tactics. I’m not taking the bait.Yet:
Standard backhanded swipe shoehorned in.
Meanwhile, DVC commercial renting crackdown criteria have been released. That’s the stuff that’ll impact DVC pricing with less demand for contracts/more supply by commercial renters.
And I’ll still stick confidently to taking the other side of the premise of this thread.
Standard bullying tactics. I’m not taking the bait.
If you want to make a comment as to which resorts resale will fall the fastest either in a recession or the DVC rental crackdown, feel free to do so.
I also wonder if VB and HHI since they are ‘42 resorts have a lot of long term owners who fell in love with the experience, which as you note doesn’t include park time, and this still works well for them as a budget friendly vacation on a yearly basis.I know a lot of people think that VB and HHI will drop off first but does anyone think that they may actually drop off later? It might be easier to stay at VB or HHI since it doesn't require you to purchase tickets. Also, they're already priced low, there isn't much more they could drop so in a recession the person selling it isn't going to get that much money from offloading the contracts although obviously not paying the high dues would be nice during a recession. But it's not like you're going to be able to get back 20k from selling it unless it's a large contract.
I do think people who can't afford a vacation this year or next year or the next might be able to still enjoy a vacation at one of those resorts since it's already paid for. If I weren't on the other side of the country, I'd be booking those for sure.I know a lot of people think that VB and HHI will drop off first but does anyone think that they may actually drop off later? It might be easier to stay at VB or HHI since it doesn't require you to purchase tickets.