Massive Layoffs

[BoardGirl Senior Member Find all posts View Profile Close BoardGirl]

great post, but this isn't tug!

I have no problem understanding Jya-Ning as he gives a lot of detail with anything he posts. I appreciate his insights and knowledge of the various systems.

[vintner Super Moderator Find all posts View Profile Close vintner]

I have been a member for a while now, and I have learned plenty. I do believe that once you are a member youcan use any feature that is available.
Dave

Dave, if I understand your comment, some parts of the forum are for members only. You need to be approved to join that section. There is a section like this for bluegreen and I believe that only bluegreen owners are allowed to join.

This thread is not under that section, so anyone is able to make comment.

[timeos2 Senior Member Find all posts View Profile Close timeos2]

I have been a member for a while now, and I have learned plenty. I do believe that once you are a member youcan use any feature that is available. I don't own Blue Green, yet. If I want to comment on something I have to have approval. If I feel strongly about a given situation or event I should hope that it would not scoffed at just because I don't or use a particular timeshares or company. :

There is a universal truth that applies to most situations regardless of who or what specifically is being discussed. In this case timeshares - resorts, clubs, trusts, systems - all have the same underlying fundamentals and most use similar approaches to operations and sales. The small differences for a specific group are minute while the overall operations are 95%+ the same in every case.

So experience with group "A" will apply in 95% of the cases or higher when you look at groups "B" & "C" - the names just change. You don't have to be an owner or participant in the specific branded group to see the problems or benefits - just be knowledgeable of the way timeshare organizations function and apply it to the group being reviewed. The same issues surface in every case - some handled well by competent HOA's, management and developers - others butchered by greedy or incompetent operators. The problems and solutions don't change but the approaches sure do and you can predict by the actions a given group chooses to take where things will end up with surprising accuracy.

Limiting input to only those who own in a specific resort/group would be one sure way to make everyone make the same mistakes rather than learning from others. It isn't always pleasant to hear that things aren't great with a place you own but in the long run it may save you big time. On the other hand some just have to learn for themselves and that's OK too. Maybe they will at least know what to watch out for.

[Tom in GA Member Find all posts View Profile Close Tom in GA]

Bluegreen Development - Traditions of Braselton, GA

Interesting thread discussion given by everyone. I would like to say that the other half....Bluegreen Development...has pretty much hit a brick wall at their Traditions of Braselton here in GA. While many of their development lots have been sold, a whole bunch appear in the local weekly paper as being foreclosed from the people who bought them. (Traditions is about a 600 golf / tennis / swim home development with homes ranging from the upper 200's to 800's.) This in turn means that new lots are not selling, or if they are selling, are selling below the original asking price. My wife and I drove through the development this month and there were few homes not completed and abandoned. About one third the lots are empty. Only one home was observed under actual construction. The golf course has been turned over to a another company for mangement if not outright purchase of the thing...not sure....it was in the paper, but I don't remember the exact details.

However, it was not as bad as next door subdivision where the developer went under. As we drove through, the salesperson on duty actually got in his car and followed us around waving in desparation and trying to give us a packet of information.

[BocaBum99 Super Moderator Find all posts View Profile Close BocaBum99]

What I don't understand is that you are not a Bluegreen Owner but you are always posting on this forum, and I have a hard time ever understanding what you are saying in your comments.
What timeshare do you own?

Jya Ning is one of the smartest timeshare owners on all of the timeshare boards. I listen to what he has to say all the time and learn from him continuously.

If you can't understand what he posts, just think how hard it would be for you to post on a Chinese message board in Chinese and have anyone there understand what you've got to say.

[ctscribe1 Member Find all posts View Profile Close ctscribe1]

great post, but this isn't tug!

I have no problem understanding Jya-Ning as he gives a lot of detail with anything he posts. I appreciate his insights and knowledge of the various systems.

Yes, I know it's not TUG and I corrected the post, I thought as soon as I reread it, sorry.

Dave.

PS I have no problem with any posts here, including Jya Ning.

[Jya-Ning Silver Contributor Find all posts View Profile Close Jya-Ning]

What I don't understand is that you are not a Bluegreen Owner but you are always posting on this forum, and I have a hard time ever understanding what you are saying in your comments.
What timeshare do you own?

I am not BG TS owner, I am a BG company stock owner. I own Wyndham, Royal Holiday, and some fixed week TS.

Jya-Ning

[JLB Please excuse me, I'm a Dick. Not a moron just a Dick Find all posts View Profile Close JLB]

I didn't read all this . . . ADD ya know, and I wanted to keep interested long enough to post.

Things have screeched to a halt here in God's Country, or as the dyslexic said, Dog's County.

Like Mr. Bum said early on, ya can't sell something ya can't finance and ya can't sell timeshares for cash.

Like most things intertwined with the financial markets these days, it appears to be a smoke-and-mirrors house-of-cards industry just waiting to collapse.

Added later: But what isn't?

[Barbeque Senior Member Find all posts View Profile Close Barbeque]

All commodities in society are being repriced.
Real Estate, Timeshares, Stocks, Cars, Oil, Gas, Airfare
and food are all in flux. The allocation of our dollars is changing where wealth is is changing. For instance I know of a home in our area that was worth $ 650K 2 years ago 1 month ago they were asking $ 400K . Now they are under $ 350 K. A loss in equity for the owner but perhaps a buying opportunity for someone. Young people that did not have the money to buy homes a year or two ago may now be able to qualify if they have enough income and feel they have enough security to pay the mortgage. Credit availability will determine much.
But with all the money being created or printed how fast may inflation go, or how will our dollar be devalued. 6 months ago Gasoline here was about $ 4.25 per gallon . I paid $ 1.80 yesterday. My fixed costs are the same but my variable costs are changing.

[flexible Senior Member Find all posts View Profile Close flexible]

Will BG changes effect Pono Kai in Kauai, Hawaii?

My husband purchased from Pono Kai from Glenn Ivy in the 1980s. They went bankrupt.

Blue Green has been managing the resort. Will the changes at BG effect Pono Kai?

We can also stay at Pono Kai with our Vacation Internationale points.

[VA_Traveller Senior Member Find all posts View Profile Close VA_Traveller]

I don't know if this has any relevance to this conversation, but I will throw it out there anyway...

I just got back from Laurel Crest, and 1, it was busy..parking lots full, so ppl are using the resorts. BG's model is club dues and maint fee's to pay the basics, so as long as we as owners keep paying, what we have should remain. Second, during my owners update, they said that in Jan they were bringing in furniture and flat screens by the truckload to update the rooms (Laurel Crest really needs it!) , so there is still "cash" in the system, as I would think that this would be the ~first~ thing to get canceled.

[vintner Super Moderator Find all posts View Profile Close vintner]

That is good to hear.

I like Bluegreen. I wasn't so sure after first purchasing, but the more I learn, the more I work the plan and make use of the system and the resorts the better the Bluegreen system works for me.

As long as Bluegreen is getting the maintenance fees from the owners, and using the fees for upkeep of the units and the resort, they should be able to get more owners when the economy turns around for the better.

[1950bing Senior Member Find all posts View Profile Close 1950bing]

look for fees to take a big jump.

[crwisconsin Senior Member Find all posts View Profile Close crwisconsin]

We all have opinions and sometimes we can become a pain or irritant to others on the site, I'm sure that Time Eos2 is trying release some unfulfilled timeshare aggravation he has encountered.

I can understand people frustrations when new people populate a site with limited knowledge, but have seen over two hundreds time on TS4MS we're here to learn and help one another.

Dave,

Timeos2 is not releasing unfulfilled aggravation. If you carefully read his posts over the last many, many years you will see that he has extensive knowledge and experience in timesharing both as a flex/float owner and as a member of a system. He also has dealt with Sunterra and DRI as a member of an HOA Board. If I could have my "druthers", I would love to have Timeos2 as the head of the BG Vacation Club Trust.

He does have his personal opinions and preferences and have given his rational for them. I have different preferences and that's why the BG Vacation Club works for me. But I still value Timeos2's insights. He has helped me learn and to benefit from my ownerships.

Charles

[BoardGirl Senior Member Find all posts View Profile Close BoardGirl]

It's great to have a lot of different people/perspectives/pet peeves, etc., as each person has a unique take, given their background and experiences.

Being online with a wealth of knowledge beats the crap out of trying to figure it all out myself!

Welcome everyone, whether I see things the same way you do or not!