I see a lot of posts by current owners saying, “I can’t believe how much resale has gone up, if I didn’t buy previously I certainly wouldn’t pay today’s prices.”
But here’s the reality:
If you own a DVC contract and you are not selling it...then in a sense you are buying at today’s prices.
The reason being, is you could sell at today’s prices and use the money elsewhere...which is the same as not owning and not buying.
I own at the Grand Californian and SSR, and how do I know that the increase in prices has room to run...I am not (any many are not) listing their contracts at these prices.
We won’t see a material slow down in resale until more owners not only “talk” about resale being too expensive, but actually take action and sell.
So far, this isn’t happening.
But here’s the reality:
If you own a DVC contract and you are not selling it...then in a sense you are buying at today’s prices.
The reason being, is you could sell at today’s prices and use the money elsewhere...which is the same as not owning and not buying.
I own at the Grand Californian and SSR, and how do I know that the increase in prices has room to run...I am not (any many are not) listing their contracts at these prices.
We won’t see a material slow down in resale until more owners not only “talk” about resale being too expensive, but actually take action and sell.
So far, this isn’t happening.