Saturday, July 5, 2008

Some thoughts concerning timeshares

There's something about mostly tan, thin, vacation-themed clothed, and universally happy sales people that breeds distrust. This weekend, my wife and I sat through our third timeshare presentation--not because we're interested, but because companies dangle bigger carrots as incentives to come sit for 90 minutes, and it can be a great education.

I'm compiling some industry and company specific figures on the economics of timeshares to share with friends, family, and eager readers. Results will post within a few days.

The verdict: don't buy one (this shouldn't be a giveaway for most).

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