So-called "weeks raiding" a one way street? - see this!!

[e.bram]

A Hypothetical

Suppose you owned a house or full ownership condo on a beach. Would you pay someone to give them a lease where you paid all the expenses for the promise of the use of another house or condo somewhere else if it were available. Why would you do it with a timeshare.
I like to look at my timeshares as my second homes and like to know I can use them durring my intervals.

 

["Roger"]

e.bram,

What you are arguing for is not weeks vs. points, fixed vs. floating, but no exchanging (and no exchange companies) whatsoever. You are in an enviable position of being satisfied with going to your two resorts every year. You are not alone in this. There are many others who buy a timeshare simply to use. If this is satisfactory to you, more power to you.

It is an undeniable fact, however, that a great many timesharers buy with the hope of going not just to their own timeshare, but other places across the world. In the more extreme cases, some people buy a timeshare without ever thinking of using their own unit. (Carolinian, for example, owns, or used to own, in South Africa.) Does this entail additional risk? Of course. Still, many of us have successfully traded and are willing to continue to bear risk. In my own case, I have not only used my own unit in Hawaii several times, but been to England (three times), Florida, Panama, Texas, Canada, Massachusettes, etc.

None of this is meant to say that I am right, you are wrong. I think it is great that you can look upon your timeshares much like others I know talk about their lake cabin (something that they return to every year). Others of us are willing to trade and gained a great deal of pleasure from doing so. On this issue, nobody is right or wrong.

 

[BocaBum99]

Re: A Hypothetical

Suppose you owned a house or full ownership condo on a beach. Would you pay someone to give them a lease where you paid all the expenses for the promise of the use of another house or condo somewhere else if it were available. Why would you do it with a timeshare.
I like to look at my timeshares as my second homes and like to know I can use them durring my intervals.

What if the local government exercised eminent domain on your property. That is a risk. So, nobody should buy a timeshare in Rivera Beach, Florida, right? They just went through the condemnation process and claimed eminent domain on lots of land there.

I am glad you made the distinction you did. I agree with you. I view my timeshares as second homes, too. But, I know they behave more like hotels. That's one reason why timeshares should be viewed as rental properties.

 

[e.bram]

BocaBum99:

The Supreme Court that allows Eminenant Domain probably likes points too. Points are like Eminent Domain for weeks.

 

[Gadabout]

Re: A Hypothetical

What if the local government exercised eminent domain on your property. That is a risk. So, nobody should buy a timeshare in Rivera Beach, Florida, right? They just went through the condemnation process and claimed eminent domain on lots of land there.

Well, if it excercised ED because of being tired of paying out tons of money every time there's a hurricane, I don't see anything wrong with it. Everyone KNOWS these places have problems (that's what disclosure is for), so maybe it's for the best.

I think that if people want to live/vacation where there are known hazards every year (flooding on certain rivers comes to mind), then it should be limited to RVs or trailers that you could tow/drive out, or little houses like these that you could tow out (look at the XS-House and the 8x12 Front Gable--they would be a really cute guest house if you have room):

http://www.tumbleweedhouses.com/houses.htm

I remember that John Stoessel "Give me a break" segment on FEMA and the flood insurance program a while back, and it just makes sense to not allow building at all in certain areas, or have everyone assume their own risks and get private insurance if they do want to build. JMHO.

 

[T_R_Oglodyte]

Re: A Hypothetical

Suppose you owned a house or full ownership condo on a beach. Would you pay someone to give them a lease where you paid all the expenses for the promise of the use of another house or condo somewhere else if it were available. Why would you do it with a timeshare.
I like to look at my timeshares as my second homes and like to know I can use them durring my intervals.

That is exactly how we look at two or our three timeshares. But notice that one of the benefits of a whole ownership is that you can visit your property anytime of year you want. If I owned a beachfront house, I could spend a week on the beach any time of the year I wanted to - I wouldn't be forced to go there only one fixed week out of every year.

With our floating weeks, we can visit out resort anytime of year we want. So a floating week is really even more like having a full ownership at a beach than is a fixed week ownership. I hadn't thought of that before, and it's a good point.

Thanks for helping make a better case for floating ownership!

 

[Gadabout]

Re: A Hypothetical

That is exactly how we look at two or our three timeshares. But notice that one of the benefits of a whole ownership os that you can visit our property anytime of year you want. If I owned a beachfront house, I spend a week on the beach any time of the year I wanted to - I wouldn't be forced to go there only one fixed week out of every year.

With our floating weeks, we can visit out resort anytime of year we want. So a floating week is really even more like owning a house or a full ownership at a beach than is a fixed week ownership. I hadn't thought of that before, and it's a good point.

Thanks for helping make a better case for floating ownership!

Actually, with TS rentals so cheaply and widely available to anyone, it's more of case to not own, and just rent. If the system went back to owners only, that would not be the case, but why buy when renting is often cheaper and offers better flexibility for most people (if you're exchanging most of the time anyway). If you are going to the same place every year you may be better off owning, rather than renting, but I suspect that that may not be the absolute it once was, either, except in the case of certain resorts.

 

[BocaBum99]

Re: BocaBum99:

The Supreme Court that allows Eminenant Domain probably likes points too. Points are like Eminent Domain for weeks.

What's wrong with eminems? I like eminems?

 

[BocaBum99]

Re: A Hypothetical

Suppose you owned a house or full ownership condo on a beach. Would you pay someone to give them a lease where you paid all the expenses for the promise of the use of another house or condo somewhere else if it were available. Why would you do it with a timeshare.
I like to look at my timeshares as my second homes and like to know I can use them durring my intervals.

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Well, I guess some people are doing exactly what you said. So, I guess that explains why people do it with timeshares. Perhaps there are peope in this world who do things a bit differently than you do.

If you don't understand why people exchange timeshares, then there is nothing I can post that will help you.

 

[Dani]

Once again, I have had to delete several messages. PLEASE be mindful of the rules of the BBS.

 

[e.bram]

Message deletion

Deleting messages will drive posters to Timeshareforums. Let the people be heard. Unless its' profane or intimidating, it should be allowed. I think most poster can stand so degree of insults and dish it back.Censorship is destructive ti free expression.

 

[Dave M]

e.bram -

Please read the "Posting Rules" (link on the above blue bar). Personal attacks and "insults" are not permitted on the BBS. Although some bulletin boards allow such exchanges, we do not. Once upon a time, such comments became almost routine here. It wasn't pretty. We aren't going there again.

Those who wish to trade insults should do so elsewhere. Doing so here risks suspension of posting privileges or a complete ban on posting.

Dani's deletions were in keeping with our posted rules.

Also, if you read rule #6, you'll see that your post on this topic is not allowed, although I'll leave it in. Please follow that rule in the future.

 

[boyblue]

I think I owe Carolinian an apology

I think I owe Carolinian an apology. My theory that he is playing devil's advocate and does not truly believe what he says, is in retrospect a put down. Although I did not mean it that way, that is no excuse.

Caro, please accept my humblest apology.