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Original Message:

Timeshares is good investment or not. (by R P.):

mnop wrote:
Just the opposite is true, although I suppose it is perspective. I own about 350 annual weeks right now and make a living at selling/renting. Granted, 2008 will not be a very good year, but I'm still making money and not losing.

My mind can't even comprehend owning and managing 350 timeshare weeks and owing $150,000 in maintenance fees in January.

I believe until this economy straightens out that the future will be negative for timeshare rentals and sales. Actually, I think the entire timeshare industry will be in major trouble in the future (timeshare bubble has burst).

What happens to the weeks you can't rent out?