- Joined
- Oct 23, 2022
- Messages
- 9,564
There is definitely logic to your thought process. I would prefer that they have the dues set at the replacement cost of the standard of amenities and appliances when the resort was new and not to downgrade them overtime.My theory remains that the refurbs for every resort will come with a big dues increase afterwards. The amortization for refurbs would have began on pre-covid pricing. When the bill comes due for the post-covid refurb, the dues will adjust accordingly. At a minimum, I think a little bit of "catch up" is unavoidable.
Maybe the bean counters have the good sense to increase the budget for the refurb based on inflation levels AND making up for the years they collected at pre-covid levels.