Is attendance really down at WDW this or…

[Disstevefan1]

And now you can buy a modest home at Golden Oak, wait another 5-10 years and you can be set for all the fees and upkeep once you do own.

There are modest homes at Golden Oak you can buy?

 

[Chi84]

There are modest homes at Golden Oak you can buy?

They’re not modest; they’re “modest.”

 

[Disstevefan1]

They’re not modest; they’re “modest.”

I don't understand, but I guess if I have to ask, I cant afford it

 

[Touchdown]

There are modest homes at Golden Oak you can buy?

1.7 million is going to get you the smallest house at Golden Oak, they go up from there approaching 10 million last I checked.

 

[Disstevefan1]

1.7 million is going to get you the smallest house at Golden Oak, they go up from there approaching 10 million last I checked.

Yup, out of my price range.
Even at the low end, in Florida, driving distance to WDW, you can get A LOT for 1.7M

 

[Lilofan]

1.7 million is going to get you the smallest house at Golden Oak, they go up from there approaching 10 million last I checked.

$1.7M won't get you anything near asking price on current resales at Golden Oak.

 

[Lilofan]

I don't understand, but I guess if I have to ask, I cant afford it

The broke ask how much down how much per month, the wealthy ask how much.

 

[Touchdown]

$1.7M won't get you anything near asking price on current resales at Golden Oak.

I haven’t checked in over a year but last I saw the lowest asking price was 1.6 million. However, market has kept going up.

 

[Tha Realest]

I've been to WDW tons of time in the last 40 years, have owned DVC since 2008 and have also been "free" to go on other vacations over that time. What's your point?

The OP implied the opportunity cost was an inability to go to WDW over those 41 years, which is patently ridiculous.

 

[Chi84]

The OP implied the opportunity cost was an inability to go to WDW over those 41 years, which is patently ridiculous.

So the people who invest the $33,000 plus $3,000 a year use other money to go on vacations.

Why not use the other money to buy DVC if that’s how you like to vacation?

 

[Tha Realest]

So the people who invest the $33,000 plus $3,000 a year use other money to go on vacations.

Why not use the other money to buy DVC if that’s how you like to vacation?

The financially literate and less gullible among us have figured out how to make it work, while also growing our investments and exploring other places!

 

[Touchdown]

So the people who invest the $33,000 plus $3,000 a year use other money to go on vacations.

Why not use the other money to buy DVC if that’s how you like to vacation?

$3000 is $250 a month, $12.50 a work day, less then one hour of minimum age these days. The 33k might be steep but I would hope most people could find a way to save the yearly costs after that.

 

[Chi84]

The financially literate and less gullible among us have figured out how to make it work, while also growing our investments and exploring other places!

But what does that have to do with buying DVC with your leftover money? It’s worked out so great for us. I did buy in at $100 a point with a 10% discount though.

You may be making unwarranted assumptions about DVC buyers.

 

[MickeyLuv'r]

But what does that have to do with buying DVC with your leftover money? It’s worked out so great for us. I did buy in at $100 a point with a 10% discount though.

You may be making unwarranted assumptions about DVC buyers.

I think maybe the question to consider is what is in it for Disney to sell DVC over traditional hotel rooms?

 

[Chi84]

I think maybe the question to consider is what is in it for Disney to sell DVC over traditional hotel rooms?

I’m not sure what you mean. It was a good deal for us; of course there’s something “in it” for Disney. Is that a reason not to buy something that works for me?

 

[JD80]

The OP implied the opportunity cost was an inability to go to WDW over those 41 years, which is patently ridiculous.

The whole argument is stupid. My post was just another stupid post in a whole line of stupid posts.

 

[DisneyHead123]

I’m not sure what you mean. It was a good deal for us; of course there’s something “in it” for Disney. Is that a reason not to buy something that works for me?

I think it’s a version of “the house always wins”… ie, if a company is willing to invest a lot in something like DVC, that means ultimately the consumer is paying more than they’re getting back (when compared to regular hotel rentals.) Otherwise they’d have no motivation to invest in such things.

Of course that’s not necessarily true for any individual consumer. Just on average. My guess is that DVC is like the dining plan - it can potentially be a better deal in the long run, but you have to really plan to make that happen. If you use it on a whim without looking at numbers, maybe not.

 

[Chi84]

I think it’s a version of “the house always wins”… ie, if a company is willing to invest a lot in something like DVC, that means ultimately the consumer is paying more than they’re getting back (when compared to regular hotel rentals.) Otherwise they’d have no motivation to invest in such things.

Of course that’s not necessarily true for any individual consumer. Just on average. My guess is that DVC is like the dining plan - it can potentially be a better deal in the long run, but you have to really plan to make that happen. If you use it on a whim without looking at numbers, maybe not.

I guess we were just lucky then. I didn’t think people made that type of investment on a whim.

 

[Ayla]

I’ve been to WDW tons of times in the last 41 years and have never “owned” DVC. So it’s entirely possible.

I also have been “free” to go elsewhere on vacations over that time.

Yep!

 

[Ayla]

$3000 is $250 a month, $12.50 a work day, less then one hour of minimum age these days. The 33k might be steep but I would hope most people could find a way to save the yearly costs after that.

LOL Minimum wage in WI is $7.25.