what actually changed for current owners? Current owners can use their (7-month) points at all 14 resorts, and Riviera, and (apparently) Reflections when they're built. That part hasn't changed. The only changes affect people buying resale in the future. Did you buy in speculating that point prices would go up?
ROFR is/was supposed to keep values high, for owners who wish to sell later. Right? That's kinda what it was there for. So I think most people rightfully felt that ROFR would keep values from tanking. It wouldn't be like selling some other timeshare, where you pretty much give it away.
I can go anywhere. If I sell, the person who buys my contract *can't*. That...is rotten for them. They aren't getting what I got. Perks blah blah blah, yes, they come and go, but the included DVC resorts shouldn't be *perks*.
So it affects me when and if I choose to sell. Not right now. But maybe in the future.
From the time
Disneyland opened there have been groups of people that have always believed its nothing but a money grubbing corporation. Theres many here that ignored it and spent decades going but now decide to see it differently for whatever reason. Disney has never changed just depends on who you ask
An interesting perspective is mine. As a kid I liked Disney. As an older teen and then college student up until I was around 30, it was an evil corporate empire that snuck around Florida buying up farmland (I am a big fan of farmland and despise random construction; I often wish that cities would just say "sorry, we're full, go elsewhere"...I grew up on a deadend road that was unincorporated that had two giant developments built around it after cutting down the orchards and destroying the farms, and my brother and I used to go out and take out the surveying stakes on the weekends...I *hate* construction when it destroys something good and pure). As a 30+ I kinda glazed over all of that, decided that all giant corporations started as a dream of A person, so it's OK, it's almost like a "small business done good" story. And now? Hmm.
I'm the same human. But I've viewed it differently.
They haven't destroyed any significant resale value of existing contracts since they can still be used anywhere.
Well wait, an existing contract can be used anywhere. The value of it when it goes to resale does change because that sold contract *can't* be used anywhere.
They will get the same thing that they expected to get, say, a year ago before Riviera was worried about -- access to the original 14 locations. Therefore, I don't expect this to significantly affect the resale value of, say, BCV or BLT at all.
Except that until now a resold contract could expect to use any DVC resort. Right? So this is a *change*. This is something different. I believe we've had the right to think they could be used at any DVC resorts. I haven't had the right to think an AP discount will always exist, or the other membership perks, but I didn't think a DVC2 would happen.
Dumb question...for those of us who own points prior to this day and purchase down the road after 1/19...can't (or couldn't) we just transfer the "new" points to our "old" contract and use "ALL" of the resorts? Just thinking....
No I don't think it works that way.
During those years where there was zero difference I used to laugh about how hard a sale it must be with prospective buyers that were fully aware of resale.
I don't think it's that hard of a sale. I knew about resale, it was 2009, and we still bought direct. I wasn't alone.
How is that "devaluing" resales?
Because isn't this the first time people can't expect to have access to all DVC resorts if they buy resale? How is that NOT devaluing resale?
I have been glad I have not added on over the years. We have a low amount of points which has worked for us. We need more points occasionally but we have substituted with cash stays at other Disney hotels.
Same.
Wouldn't a lot of DVC owners also be part of the "middle class"?
Absolutely. My one example of upper class in my family certain has ZERO interest in a timeshare, and ridicules such owners, including me. If they want to go somewhere they stay at a proper hotel with proper service. They don't want to self-cater while on vacation.
Marathon Weekend, which I forgot about when I booked, is alive and well.
Marathon weekend was still selling -might still be selling- bibs going into the weekend and I saw mention of buying last minute bibs at the expo. So... Even Princess is still selling kid races and the Half. Unheard of.