The Jordan Harbinger Show
962: Timeshares | Skeptical Sunday
Mar 10, 2024
Kevin Rapp, an investigative journalist specializing in timeshares, joins to dissect the intricacies of this controversial industry. He reveals hidden costs and the surprising demographics of today’s timeshare owners, including Millennials and Gen Z seeking ownership options. Rapp critiques high-pressure sales tactics and shares the trials of exiting timeshare contracts. Listeners learn to weigh the pros and cons while acknowledging the unexpected benefits and the importance of reading the fine print.
44:56
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Quick takeaways
- Consider hidden costs of timeshares beyond initial investment.
- Timeshares can foster community and provide financial predictability for vacations.
Deep dives
Understanding Time Shares: Types of Ownership Models
Time shares come in different ownership models like fixed term, floating term, and point-based ownership. Fixed term ownership involves exclusive use of a property for specific weeks each year at the same place. Floating term ownership offers flexibility in choosing weeks cooperatively with other owners, leading to availability challenges. Point-based ownership allows switching between various vacation homes, but location and experience may vary.
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