Original Message:
Re: Diamond Resorts reduces owner benefits again! (by Michael D.):
sherik43 wrote:When the fee's you pay for your membership are more expensive than the services you recieve, and there are to many members to service, and you cannot get into the place when it is convienent for you, do you go on paying for something indefinately, and if that management told you that you cannot quit paying we own you and you are indebted forever... That is essentially the present situationJust a quick response to the idea of "giving back" something for DRI to resell;My understanding (simplistically stated) of how timeshare ownership/membership works is the same as a gym membership in that there are no finite number of memberships or points that exist to sell. They can sell until kingdom come, which especially makes sense when you own points, and therefore there's nothing "real" that is being given back. I own points, not real estate. If DRI folds, than so do my points unless some other developer/management buys it.