Thanks!!!! Let’s toast at the Kilamanjaro Club together, assuming
DVC isn’t taking this as inventory via ROFR... I know it’s low, but could Disney resell this at double, and when? I know my contract won’t push Disney on creating a price floor, it’s just the beginning of recessionary issues..
Absent of a vaccine by Fall, non-premier on-site resorts will probably go into the 60s. Premier will go 80s to 100s (small premier ones like VGF and VGC excluded - it seems the ultra rich get less exposure during our hardships !). It sounds like there’s a wave of sellers waiting to list post theme park opening, whereas buyers (ie me) want in given a specific price point. So buyers will subside, sellers will arrive- Bad Combination.
Look, I work at a major financial firm. I know that we will have a vaccine at some point - HOWEVER it will not be before 3,4,5+ false hopes that buoy price levels. So that will help price levels somewhat.
This is not a 1-2 year purchase - so if it drops another $20/ point, ok. I just wanted to buy a “top 3-5 resort” subjectively to my family, for under $100/ point and get a 2BR for 5-6 days per year (to bring family). And if the silver bullet arrives before the doom and gloom, I become the smartest guy in the room, but my guess is my contract has a 50%+ chance of going into the 60s or 70s.
thanks to my Disboards friends!!!! I do wish you’d accept renters wanting points as a board, with ALL the random other posts herein.... So thankful for all of you!
