I’m not convinced that is going to be the case with the future. I think the prices might have peaked or plateaued for a while. Disney’s pricing is so high that many families are being priced out of being able to go to WDW…. This issue is even worse when you consider the subset-of-a-subset who both A. Have the means to go to Disney most years, and B. Have the desire to go to Disney most years. DVC is a huge commitement.
For me, DVC made a huge amount of sense as soon as I learned about it! We DO go to Disney, several times a year. It is a way to “prepay” our vacations - and maybe get to stay in nicer places to do it than we’d otherwise. HOWEVER, I really don’t view it as an “investment”, “asset” or anything like that. I understand that the average sales prices have helped prop it up, and the fact Disney continues to raise their prices, and ROFR will ensure that DVC never totally crashes like a Westgate timeshare. However, if I could sell my DVC points at a 10-30% loss (or maybe gain), I’d be happy about it - since I got some value out of the points in the first place.