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Many are reporting that retail sales staffs are being sent packing, sales effort being shut down because no one will take the paper.
First, that says something about the quality of that paper, that it is among the first to be turned down.
But, in the bigger picture, we have talked over the years about what would happen if timeshare sales were open to the free market, if only those who really want to buy were buying from only those who really want to sell. What would happen if you took away all the hype and the sales that occur because of unnatural forces.
In normal times we have speculated that prices would find a lower level closer to real value as both the supply and demand lines adjust themselves. But, these are not normal times. These are times when more may wish to sell and fewer may wish to buy, as more folks try to rid themselves of luxury items and fewer wish to take them on.
There are resorts that have already entered this phase . . . older, sold out resorts. Some of them do have a natural supply and demand, and, in fact, ownerships do transfer, albeit at a lower price than retail. Prices of specific weeks also reflect supply and demand more, so that lesser weeks do not command the same price as more popular ones.
At some older resorts there is even a waiting list for some weeks.
Huh?!
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Another factor that may screw up the natural order of the marketplace is that a glut of rentals may appear as owners struggle to come up to break-even, to recoup their fees, so that may have a depressing effect on the demand curve. Why buy the cow when . . . ?
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Another thought . . . do you think Mr. Sleaze will show up in Washington in his private jet, asking for a bailout? Do you think he will pin Nancy Pelosi up against the wall and grope her? 
Will Mrs. Sleaze be there, too?
First, that says something about the quality of that paper, that it is among the first to be turned down.
But, in the bigger picture, we have talked over the years about what would happen if timeshare sales were open to the free market, if only those who really want to buy were buying from only those who really want to sell. What would happen if you took away all the hype and the sales that occur because of unnatural forces.
In normal times we have speculated that prices would find a lower level closer to real value as both the supply and demand lines adjust themselves. But, these are not normal times. These are times when more may wish to sell and fewer may wish to buy, as more folks try to rid themselves of luxury items and fewer wish to take them on.
There are resorts that have already entered this phase . . . older, sold out resorts. Some of them do have a natural supply and demand, and, in fact, ownerships do transfer, albeit at a lower price than retail. Prices of specific weeks also reflect supply and demand more, so that lesser weeks do not command the same price as more popular ones.
At some older resorts there is even a waiting list for some weeks.
Huh?!
- - - - - -
Another factor that may screw up the natural order of the marketplace is that a glut of rentals may appear as owners struggle to come up to break-even, to recoup their fees, so that may have a depressing effect on the demand curve. Why buy the cow when . . . ?
- - - - - -
Another thought . . . do you think Mr. Sleaze will show up in Washington in his private jet, asking for a bailout?
Do you think he will pin Nancy Pelosi up against the wall and grope her? Will Mrs. Sleaze be there, too?
), those stuck in that industry called it working on the come. 
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