Another Article about DRI/Poipi

[lv_maui]

http://thegardenisland.com/business/local/article_234d784e-242d-11df-91f7-001cc4c03286.html

It would be nice if the DRI rep Patrick Duffy that posted on the board earlier would be willing to inform us TUG users as to what is going on here.

 

[dougp26364]

While it might be nice, I'm not sure there's anything to be gained by doing so. I've seen the nasty online fights that can happen. I don't believe there would be anything any DRI rep could say that would affect the feelings of the concerned owners.

I don't have a dog in this fight so there's not much reason for me to post one way or the other. I did run a brief calculation to see where a $500 MF would be over 14 years assuming a 5% increase per year and came up just short of $1,000. The thing is, I don't know the economics of Hawaii and, as I understand it, Hawaii has been hitting timeshares with disproportionite taxes to make up for shortfalls in the government funding. I know that Westin MF's have gone through the roof in recent years. This might not be as simple as being a DRI issue.

Communication needs to happen but open forums like this one probably wouldn't be productive.

 

[ouaifer]

Diamond Resorts response....

And it continues with their response.

 

[lv_maui]

Wow, what a direct response

And it continues with their response.

My apologies to Patrick, no need to respond to my request. All I can say is wow. There was no sugar coating in that response. Although I was surprised by the candid discussion of litigation against this group esp about criminal charges, this article does essentially state what I had thought all along. The owners can easily use their votes to vote against DRI but with DRI's advantage, it is pretty hard to vote them out.