The problem is this forum, while very popular and informative, is a small segment of their target demographics. They are banking in new, uninformed dvc clients that might not know any better. I honestly think they're looking down on us and that they're smarter.
Thing is, a lot of us do live in the real world most of the time - and for the life of me I can't figure out where the demand for more DVC is coming from.
Eventually, they have to hit bottom somewhere - because the audience for these just cannot be infinite.
I know folks from all walks of life, many of them who can afford such things (
really afford them - I tend to think that if one has to finance leasing in to DVC, it may not really be in their price range, but as we all know folks buy vehicles and homes all the time that are really out of their means). And I cannot figure out where all these folks are coming from. I mean, I get that the points can be used a lot of different places (which, to be honest, is sad in and of itself - that a huge benefit is that you can stay somewhere other than Disney - no wonder the parks are ignored so badly), but even then - I just don't get it, unless you are someone who goes to WDW most years and stays in Deluxes to begin with.
First, the folks that can afford it generally aren't the types of regularly visiting WDW guests year after year. Most people of a certain financial point I've found look down on Disney for more than the occasional "we have to take the kids at least once" excursion.
Second, it is not an "investment" - most folks I know that buy timeshares do so as a functional investment. A DVC is a club, by it's very nature it loses equity every year until it expires. A real timeshare can be sold, often at a profit, and can be passed down to heirs, etc., as it's actually partial ownership. I just don't see how *that* many folks want to lease the "magic" for the prices they charge.
Is it really so many "low information" leasers or folks who finance it away? I just don't see that many folks gambling on the future like that (especially since I believe there is no cap on how much "maintenance" Disney can continue to charge for the life of the lease).
What am I missing here? I get some folks love Disney and it works for them - more power to 'em - but I just don't see that being this vast audience they can continue to get to sign long-term leases on vacation points.
(edited for clarity)