HyperspaceMountainPilot
DIS Veteran
- Joined
- Dec 23, 2019
- Messages
- 3,864
The moderator has asked us not to get into political discussions so to be safe, I'm not going to respond to the general macroeconomic points, but based on what I'm personally seeing and hearing from being in senior leadership at two very different corporations (one giant multinational, the other a closely held company worth < $100mil, in two totally different industries), if I wanted to unload a timeshare in the next 12 months, I would absolutely be trying to sell it as swiftly as possible.What economic uncertainty? Just saw net resale inventory shrink by about 150 contracts the past couple weeks following the tax package. Anyone with kids just got $200 bonus per, big exemptions on OT/tips, and for businesses, immediate expensing on all equipment and capex retroactive to January. That’s going to be massive amount of stimulus unloaded by the private sector.
Foreign tourism may be down, but economies abroad are pretty stagnant basket cases. US is doing fine. And I just asked two fake not-Ai-but-everyone-insists-it’s-Ai a basic math question and got two different answers. Suffice to say these fears are waaay overblown and overhyped by snake oil tech salesmen.
That's before you take into consideration what will happen to the DVC resale market IF Disney brings down the hammer on a few big renters... so, bringing us back on topic, that is why I would not strip a contract to (hopefully) make a few extra dollars per point.