Holy cow timeshares are getting expensive. At least from the developers direct sales.
Today I received an offer from HGVC to consider purchasing at their new Manhattan timeshare West 57th Street. Preconstruction pricing from the little bit of literature they've sent me indicates that prices for weeks range from $40,680 to $117,120!
Obviously, I'm working in the wrong field. We built our house from the ground up 10 years ago and it was just a little over the top price for one week at this new timeshare. Now granted we live in fly over country where the cost of land isn't nearly as expensive as the water states (states that aren't land locked) but really now, $117,120 is probably higher than the average income for most (maybe any) state in the union. They have got to have a very small target audience that can afford those sort of prices for one week of timeshare. Not to mention that timeshare, when bought from the developer at least, does not hold it's value like regular real estate.
All I can say is WOW. I guess I should have choosen a different course of studies when I decided to go back to college.
Today I received an offer from HGVC to consider purchasing at their new Manhattan timeshare West 57th Street. Preconstruction pricing from the little bit of literature they've sent me indicates that prices for weeks range from $40,680 to $117,120!
Obviously, I'm working in the wrong field. We built our house from the ground up 10 years ago and it was just a little over the top price for one week at this new timeshare. Now granted we live in fly over country where the cost of land isn't nearly as expensive as the water states (states that aren't land locked) but really now, $117,120 is probably higher than the average income for most (maybe any) state in the union. They have got to have a very small target audience that can afford those sort of prices for one week of timeshare. Not to mention that timeshare, when bought from the developer at least, does not hold it's value like regular real estate.
All I can say is WOW. I guess I should have choosen a different course of studies when I decided to go back to college.
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