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May Newsletter Q&A: Second Market Timeshare Owners 'Caught' By RCI

It seems that most of you are missing the whole point of timesharing. Even though some timeshares have a "deed" the concept is "use". If you rent a hotel room at Marriott or Westin (FOR EXAMPLE) you'll pay around $300 a night for something nice. Remember rents go as high as $3000 a night. But even at $300/night = $2100 per week and every year inflation pushes those room rates upwards. However, if you "invest" into something you're going to do anyway (vacation) then for the maintenance fee (say $1200) you get a condo instead of a room plus all the resort facilities. Do the math over 30 years. If you don't save then you're investing in the wrong level of accommodation. It's an investment into vacation quality and upgrades not into money-making.