vckempson
TUG Member
Many threads disuss the reasons for low resale prices. Ultimately it's as simple as "Supply & Demand". I'm curious, though, about the correlation in pricing cycles between timeshares and residential real estate. Does anyone know if the resale prices for timeshares peaked in 2007 like residential stuff?
Residential real estate runs a full cycle, peak to trough to peak again, around 17 - 20 year. So, from the bottom to the top is typically 8 - 10 years. If that's true and we bottomed last year, for argument's sake, we'd see our next peak around 2020, give or take a couple years.
That expectation only holds water, though, if the two markets are hight correlated. Do they really mirror each other and are they similarly subject to the same demographic changes as residential real estate. My inclination says yes, but I'm curious what others think.
Residential real estate runs a full cycle, peak to trough to peak again, around 17 - 20 year. So, from the bottom to the top is typically 8 - 10 years. If that's true and we bottomed last year, for argument's sake, we'd see our next peak around 2020, give or take a couple years.
That expectation only holds water, though, if the two markets are hight correlated. Do they really mirror each other and are they similarly subject to the same demographic changes as residential real estate. My inclination says yes, but I'm curious what others think.