Are there any happy timeshare owners?

Are there any happy timeshare owners? There are millions of happy timeshare owners who never get heard. I interviewed a bunch of them for the book. At three of my timeshare stays in southern California, I walked around the pools asking people to tell me about their experience with timeshare ownership. They were happy to tell their story.

Is timeshare a trap?

It's not just about investing well, it's about avoiding the financial mistakes that undermine so many well-meaning, but misguided people. One of these mistakes is getting caught in the timeshare trap. While timeshares may seem attractive at the outset, over time they can become real wealth traps.

Are timeshares a good or bad investment?

A timeshare is not an investment, it's a vacation. It's also an illiquid asset that is likely to lose value over time. Ultimately, timeshares are like swimming pools, if you buy one, do so because you love the idea of owning it, not because you expect to make a profit.

Are there any good timeshare companies?

Are timeshares making a comeback?

It may be a shock to learn that timesharing, first invented in the 1960s, is booming. And it's millennials driving its growth, multi-billion dollars in annual sales, and ushering in a new era of timeshare traveling.

How do I get rid of a timeshare that is paid off?

What percentage of timeshare owners are happy?

The “U.S. Shared Vacation Ownership Owners Report: 2022 Edition,” published and sponsored by the ARDA International Foundation (AIF), found that 90% of timeshare owners are happy with their overall ownership experience.

What percentage of timeshare owners are not satisfied with the product?

The American Resort Development Association, which represents the timeshare industry, said an independent 2022 report shows 90% of timeshare owners are happy with overall ownership experience.

Why would anyone ever get a timeshare?

Not only is the average cost of a timeshare much lower than your lifetime of vacations, but timeshare units offer much more space than the typical hotel. With a timeshare resort, units normally have private bedrooms, spacious living rooms, and a fully-equipped kitchen.

Is timeshare a dying industry?

The unique concept relies on shared 'ownership' of a particular property or resort stay, allowing all involved their own periods of vacation time every year. But while the timeshare market grew steadily over the decades, recent years have seen a noticeable decline.

What is the average income of a timeshare owner?

The average price for a timeshare purchase is about $20,000 and the median income of timeshare members is about $73,000.

What is better than a timeshare?

Vacation rentals Vacation rentals are considered preferable alternatives to timeshares because they give greater flexibility in where and when you can vacation.