> but probably still a better deal than owning a full vacation home that sits empty most of the year
Timeshares give up a lot of the advantages of just owning a vacation home, without many advantages other than price.
You have even less control of the property than a coop/condo, you don't get the financial incentive of possible real estate appreciation, there is no real liquid open market for resale.. etc.
Time shares are like a casino where the house always wins. They control the costs/fees the same way a casino controls the odds/payouts. They are probably less regulated than a casino too.
The other advantage to a proper vacation home is.. if its a beach / ski / whatever place whatever, you leave all your gear there, changes of clothes, etc.. not hauling stuff.
Timeshares give up a lot of the advantages of just owning a vacation home, without many advantages other than price.
You have even less control of the property than a coop/condo, you don't get the financial incentive of possible real estate appreciation, there is no real liquid open market for resale.. etc.
Time shares are like a casino where the house always wins. They control the costs/fees the same way a casino controls the odds/payouts. They are probably less regulated than a casino too.
The other advantage to a proper vacation home is.. if its a beach / ski / whatever place whatever, you leave all your gear there, changes of clothes, etc.. not hauling stuff.