love2travelguy
newbie
May 24, 2011... but I could be wrong.
I'm going with 2012. That seems like it'll be a lucky year for the economy and resale market, but you could be right... I'm hoping so since your prediction is sooner than mine
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Any opinions on when the resale market will pick up?
- Thread starter PClapham
- Start date
I'm going with 2012. That seems like it'll be a lucky year for the economy and resale market, but you could be right... I'm hoping so since your prediction is sooner than mine
I like timesharing in part because the MFs + exchange fee allow me to travel to places I could not afford simply by renting. Even today.
Quite often I can exchange my week for another for less than half the current rental rate. Of course, I do need to plan ahead a year or two but it works for me.
PerryM
TUG Member
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Has the Timeshare Bubble Popped?
I predicted the popping of the Timeshare Bubble many many years ago here on TUG; I don't remember anyone else proclaiming that.
The question is, has it popped yet?
NO, many of the smaller TS companies will go under and perhaps be merged with larger TS organizations but I don't see that happening right now.
Just ask yourself where this real estate debacle came from - look east for the answer. The folks that brought us this disaster are still playing games and we are in for much much more pain before hitting bottom.
My prediction for years how has been when Marriott cuts their normal and customary prices by a flat percentage - not the temporary price cuts but permanent - the timeshare bubble has popped.
That should indicate that my prediction has been fulfilled - the timeshare bubble has been burst. It also means that the longer you wait the cheaper the timeshare - what a change.
What will happen then? We will have to wait until then and guess the future.
What to do now?
DO NOT BUY A TIMESHARE under ANY conditions. Don't be a pig and snarf up a cheap resale - they will simply get cheaper and some TS resorts might close their doors if owners don't pay their MFs.
For goodness sakes DO NOT SELL A TIMESHARE NOW - you will get screwed.
To sum it up: DON'T BUY OR SELL TIMESHARES in 2010 and probably 2011.
We have lots more punishment ahead of us. This all happened when free markets were taken over by big government - that ain't going away anytime soon.
In Maui right now, Tsunami to hit in 2 hrs - C U laterrrrrrrrrrrrr
P.S.
Lived through the 3' tsunami on Maui
I predicted the popping of the Timeshare Bubble many many years ago here on TUG; I don't remember anyone else proclaiming that.
The question is, has it popped yet?
NO, many of the smaller TS companies will go under and perhaps be merged with larger TS organizations but I don't see that happening right now.
Just ask yourself where this real estate debacle came from - look east for the answer. The folks that brought us this disaster are still playing games and we are in for much much more pain before hitting bottom.
My prediction for years how has been when Marriott cuts their normal and customary prices by a flat percentage - not the temporary price cuts but permanent - the timeshare bubble has popped.
That should indicate that my prediction has been fulfilled - the timeshare bubble has been burst. It also means that the longer you wait the cheaper the timeshare - what a change.
What will happen then? We will have to wait until then and guess the future.
What to do now?
DO NOT BUY A TIMESHARE under ANY conditions. Don't be a pig and snarf up a cheap resale - they will simply get cheaper and some TS resorts might close their doors if owners don't pay their MFs.
For goodness sakes DO NOT SELL A TIMESHARE NOW - you will get screwed.
To sum it up: DON'T BUY OR SELL TIMESHARES in 2010 and probably 2011.
We have lots more punishment ahead of us. This all happened when free markets were taken over by big government - that ain't going away anytime soon.
In Maui right now, Tsunami to hit in 2 hrs - C U laterrrrrrrrrrrrr
P.S.
Lived through the 3' tsunami on Maui
Last edited:
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P.S.
Lived through the 3' tsunami on Maui
I am very glad to hear that. We would have missed you.
jnbsevy
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- Resorts Owned
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Sandos Royal Elite
Vidanta
HawaiiCollection
Why no Sandos or Real resorts at TUG?
We have floating timeshare weeks at Sandos (Caracol) and Real Club, both Mexican Riviera. Of course, we'd like to rent some weeks, and possibly sell one.
We're surprised to see many Mayan Palace and Royal Hacienda TS for sale and rent, but no Real or Sandos at all.
How come?
We hope it's because they are snapped up so quickly -- but that seems too much to expect.
Why are there no Sandos or Real TSs for sale or rent on TUG?
Thanks.
We have floating timeshare weeks at Sandos (Caracol) and Real Club, both Mexican Riviera. Of course, we'd like to rent some weeks, and possibly sell one.
We're surprised to see many Mayan Palace and Royal Hacienda TS for sale and rent, but no Real or Sandos at all.
How come?
We hope it's because they are snapped up so quickly -- but that seems too much to expect.
Why are there no Sandos or Real TSs for sale or rent on TUG?
Thanks.
Maybe your TS are rare (not as popular as Royals)? There are many royal resort owners on TUG and many of them own multiple weeks.