Would Buying a Timeshare in a Tropical Area Where Property Value Is Growing or Stable Be a Good Investment?
I’d imagine that it would save me money on vacation expenses in the longrun, but could it get me any other return?
I’d imagine that it would save me money on vacation expenses in the longrun, but could it get me any other return?
I read an article online a few months ago. It said that values of timeshares have historically gone down so they make crappy investments. Take a look at some of the online timeshare exchange sites and you will see this. The only real gain is a reduced vacation cost. If you will actually use it, I say definitely consider a TS but not as an investment.
time shares are always a horrible "investment". In fact they are not an investment at all. If you want a place to stay for a week or two per year (or whatever the arrangement) then go ahead and buy in but don’t delude yourself into thinking it is a good investment. You’d be better off buying orange fields in alaska.