Quadmaniac
TUG Member
- Joined
- Feb 24, 2012
- Messages
- 1,913
- Reaction score
- 217
- Points
- 273
- Location
- Calgary, Alberta, Canada
- Resorts Owned
- Marriott Willow Ridge (x2), Ko Olina week 51 (x3) & 52(x2)
I hear your rant. Sadly, I think arrogance across the timeshare industry comes from the belief that since you signed on the dotted line agreeing to them changing terms at anytime, they feel anything goes.
They don’t care if you feel it’s a gouge because if you don’t like it, you can try to rid yourself of it and the next guy pays whatever they want.
They don’t care that they are priced out of reason because you locked yourself in.
It almost feels like once you sign the papers, the bare butt caning begins...year after year.
In my view, greed and this attitude will destroy the timeshare concept if it continues.
I don't think it is as simple as you have put it but in some respects yes, once you buy it, you're locked in. Not any different from buying a house and once you do, its yours. If the maintenance costs go up, it is an added cost. If it becomes un-affordable in your eyes, then really all you can do is try to sell.
The fees have been going up about 3-4% for most resorts and I would expect that to be normal. Timesharing is not for everyone and if this doesn't suit you, then its time to sell. I think it is important to keep in mind that these companies, like every other business, is in it to make money and you seemed surprised that they are making money off of you. They're certainly not going to do it for free. You don't work for free, so you expect them to ? If they don't make money, they go out of business and then your timeshares are in limbo if no one is operating it.