Worried about future of DVC

[bumbershoot]

I do agree that yes, most of us should get something back. But, I still believe one should go in with the expectation of not, and making sure one knows they can handle a loss if have to sell sooner than later.

agreed.

 

[Jenniebee]

Expecting something back when you sell is very different to treating it as an investment.

True- but to OP said it was "something you made money off of", as if it should actually be generating revenue. This is a different thing IMO.

For me, I chose to buy DVC over other Orlando area timeshare options because to me Disney as a product is pretty lock solid in the sense that that I will not lose my shirt, and the others seem a lot more iffy. To me that security is a subtle distinction over hoping to make money on it.

And DVC does still have this security, even with the new restrictions. Even Riviera, if you are to buy it and then need to sell, you will still get something to mitigate your loss, it may not appreciate over your initial investment, but it won't be worthless.

But I do not think anyone should look at it like a flip investment or a rental property that is intended to turn a profit. That is not, and never was the value proposition.

 

[The Jackal]

DVC is not intended to be an investment, and that is a bad way of looking at a DVC purchase.

The only thing I worry about with DVC is climate change making central Florida an inhospitable vacation destination in ~5-10 years

In 5-10 years the weather in Florida will be about the same it is today. The end of the world is not near. Weather goes in cyclical patterns. In the 30’s and 40’s it was extremely hot, glaciers were melting at alarming rates. Then the earth cooled in the 60’s and 70’s and climate scientists thought an ice age was coming. None of the projections that the scientists from the 80’s and 90’s have even come close to being what they predicted. Not one person knows for sure what the weather will be in 20 years.

 

[Jenniebee]

I would be concerned about Miami, not so much Orlando.

 

[RoseGold]

If your goal is an "investment to make money," a depreciating asset like a timeshare is probably not your best bet.

I worry more about shifting pop culture. If nobody wants to go, a timeshare is even worse than an investment that went to zero, because you're still paying to maintain a resort no one wants to stay at. I don't plan to hold more than 10-15 years, so I'm reasonably confident the model can at least last that long.

 

[bakerworld]

We like to buy the older resorts so they'll 'die' with us - no worries about lost usage.