minnie-apple-mouse
DIS Veteran
- Joined
- Feb 22, 2004
Hmmm...when the program...sorry "straight up timeshare" started...they'd Be welcoming whether you paid in pennies from the 1950's...
But now?
They don't really want - one would reasonably conclude - the financed members as they do the cash ones.
It's not universally true...but you can make a fairly accurate correlation between Capitol means and expenditures...that's also know as a "credit rating"...in other circles.
So if the bubble breaks...what happens is the DVC (like investment real estate in Florida) is their at to go and is the most painless to give up.
DVC gobbles the points back and resells them used at a
Higher rate.
But what if people can't afford it?
You swing "deals" and you have a line down the block of diehards and newbies looking to "cash in" at the new savings...which are still a higher profit than the original time on the lot...
The Dutch door swingeth.
Does everyone know that used point sell at the "current" price? They just change the narrative to sell them?
Still dont call them a timeshare though.
Yep, or they just keep the excess points and just rent cash rooms.
Either way, every month they get that much closer to paying off the oldest (not paid off yet) remodel/build-and one more month of payment on the latest remodel/build.
I'm not so sure these resorts aren't paid off in the first 5 years or so, even the cash paid portion.