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by notahacker
1760 days ago
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> You can get a MUCH nicer place than you can get alone for $400K You can also get a very nice place for 44 days in a year (the offer discussed in the article is 44 days, no more than 14 consecutively, first come first serve for timeslots) for $4k on a vacation rental site, have approximately as much say in how it's run, and have more choice over which days you spend there, and whether you spend more time there next year or not. Of course, you don't get a theoretical opportunity to sell appreciating property on at a profit which I'm sure the Pacaso sales team talks about a lot, but how real is that opportunity when most property investors and wealthy homebuyers are looking for whole houses, not a timeshare (and people who want timeshares are going to Pacaso.com to buy the new properties it takes a ~14% fee to subdivide and sell, not whoever's willing to shift the share you want rid of) Sure, there's a real market for it, but there's a real market for other types of timeshare that sound like better (or less worse) deals... |
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