On timeshares

  • Early on it looks good. Then come Assessments, Maintenance Updates. Can't give it away because not many folks want to own them anymore.
  • Maintenance could start at $100/month and bump up to $1000/month for instance.
  • Money goes in, but its hard to get money out since you don't have full ownership.
  • (norm) This sounds like timeshares was an early experiment in collective ownership, and that the crypto world is figuring out ways that could help make timeshares worth-while again.
from chat with Dyer
Norman O'Hagan
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