and my point is that a deed buys me nothing...
Speaking of timeshares, HGVC has the audacity to offer me 9K on something that I bought for 18K from them and they are currently selling it for 26K. To them, it is a different department.
My point is that you can be blinded by a deed and not see the true value. If the price is overinflated, a deed gives you nothing but the ability to exercise the option to sell what you own at a highly discounted price.
I would rather have an unsecured membership with a DC that is well run than a timeshare that is deeded but is overinflated by 100-150%.
To me, it is same as my investments in Pre IPO Private Equity placements.
Speaking of timeshares, HGVC has the audacity to offer me 9K on something that I bought for 18K from them and they are currently selling it for 26K. To them, it is a different department.
My point is that you can be blinded by a deed and not see the true value. If the price is overinflated, a deed gives you nothing but the ability to exercise the option to sell what you own at a highly discounted price.
I would rather have an unsecured membership with a DC that is well run than a timeshare that is deeded but is overinflated by 100-150%.
To me, it is same as my investments in Pre IPO Private Equity placements.