Judy WI said:I have been watching the resale for a few years now and there are many more available at this time. But couldn't part of the problem be that the gas prices have priced some out of paying a monthly MF. Looks like there are many contracts that could have been a families full purchase. Many 150 or so up for sale.
Just a thought.
Well, we drive down about 4x a year from atlanta to orlando, about 400 miles each way.
Our minivan gets about 30 mpg, so it's about 1 1/2 tanks of gas to get there and 1 1/2 to get back, it's just not a big deal, moneywise.
My guess, is, actually, that people bought huge houses they couldn't afford last year and the year before during the market bubble, used interest only ARM mortgages, furnished the houses using Rooms to Blow's pay nothing forever financing, and now all of a sudden they're drowning in debt and the DVC's the first thing to go.