Originally Posted by
boucharda
Well...I didn't post a query...I posted a comment based on personal experience.. I was not looking for advice
I would NEVER buy, or suggest anyone buy, a TS from the developer. Dumbest thing anyone can do. As was mentioned above many resales are available at a mere fraction of original cost. If you like the resort and the maintenance fee is reasonable for a week stay there then it might be a reasonable purchase on the resale market which would be a major discount from the developer price...
There are MANY crappy timeshare resorts out there and those are definitely not worth the effort but, with a little research and actual visits you can find the decent ones.
My two TS (LAS and SXM) have worked well for me for at least 20 years but upfront costs were basically zero which was a big factor
Lots of generalizations about TS and some REALLY deserve the bad press but there are some decent ones out there
...and...in no way can ANY TS be considered an investment...that should definitely not be a reason for purchasing
And the purpose of my OP was not for the principal merits or lack thereof regarding timeshare purchase, but the economics of them when the property's economy collapses.