ClaraOswald
DIS Veteran
- Joined
- Feb 12, 2014
I don't think the cost of DVC resale is really much of an indicator for the overall economy though.
Is DVC resale pricing going back to 2019 price levels crazy low? Is 2042 resorts trending down as they get closer to being worthless crazy?Thanks for the good laugh regarding the economy. We are all definitely here celebrating the crazy low costs of DVC due to the positive economy.
I don't think the 2019 were really that low, it is the crazy inflated 2021 & 2022 prices for resales that are making them look that way.Is DVC resale pricing going back to 2019 price levels crazy low? Is 2042 resorts trending down as they get closer to being worthless crazy?
Compare the board sponsor report from Dec 2019 to now.
https://www.dvcresalemarket.com/blog/dvc-resale-average-sales-prices-for-december-2019/
https://www.dvcresalemarket.com/blog/dvc-resale-average-sales-prices-for-march-2023/
Grand Cal was $189pp!!Is DVC resale pricing going back to 2019 price levels crazy low? Is 2042 resorts trending down as they get closer to being worthless crazy?
Compare the board sponsor report from Dec 2019 to now.
https://www.dvcresalemarket.com/blog/dvc-resale-average-sales-prices-for-december-2019/
https://www.dvcresalemarket.com/blog/dvc-resale-average-sales-prices-for-march-2023/
Yeah everything is fine lol. Workforce participation is decreasing too, coming off worst bond market year in years is a strong sign, weakening dollar, groceries and fuel rising. Housing is also excellent. In fact everything is so good... Now Disney is skipping ROFR, lowering cash rooms cost, and lower entry into direct sales. Disney needs an update that everything is stronger actually. A few years of over spending, war on oil, and slowed economic engines has set us up to believe we are just fine. You are right though about job openings because I saw all my local fast food restaurants hiring and warehouse positions. Once they are filled they surely will purchase DVC. Just hard to spin this market as solid with no consideration for why the numbers could be propped up.This is not a factual statement for the broad US economy. There may be softening in some areas, but it does not “suck”.
1) Jobs: There are still significantly more job openings than people who say they are looking for work 1.7 jobs available for every 1 worker seeking a job.
2) Unemployment: 50 year low of 3.5%
3) Wage Growth: 5% (see recent Disney CM raise @ WDW)
4) Inflation: Falling every month (from 9% down to 6%)
5) US PMI: 52.3, Global PMI: 53.4
6) SP500: Up 7.4% YTD
7) Corporate Profits: Analysts expect to hit another all time high by end of the year.
Plenty of families will still be taking annual Disney trips or AP looping (2 trips in 365 calendar days) and the availability of APs will be beneficial for some of those families.
How about the economy isn’t great. But it also isn’t terrible. It’s just ok?Yeah everything is fine lol. Workforce participation is decreasing too, coming off worst bond market year in years is a strong sign, weakening dollar, groceries and fuel rising. Housing is also excellent. In fact everything is so good... Now Disney is skipping ROFR, lowering cash rooms cost, and lower entry into direct sales. Disney needs an update that everything is stronger actually. A few years of over spending, war on oil, and slowed economic engines has set us up to believe we are just fine. You are right though about job openings because I saw all my local fast food restaurants hiring and warehouse positions. Once they are filled they surely will purchase DVC.
I think that “fine” was actually a fair assessment. Not great, but not terrible…How about the economy isn’t great. But it also isn’t terrible. It’s just ok?
Yeah hope this is all it is, just worried there is a lot more to come as there is not much historical evidence to support the debt we are floating, lack of savings in families, and challenges of the dollar. To refrain from econ argument, I will agree we aren't terrible yet but my sentiment is that consumers (including myself) are wavering more from 6 months ago with spending.I think that “fine” was actually a fair assessment. Not great, but not terrible…
So bubble assets, like DVC, have come back to reality a bit. Which, is great for people looking to lock in future vacation accommodations.
“Fine” has a bit of a positive tone. It’s too controversial around here. I’ll just stick to “ok”I think that “fine” was actually a fair assessment. Not great, but not terrible…
So bubble assets, like DVC, have come back to reality a bit. Which, is great for people looking to lock in future vacation accommodations.
I would be surprised if we hear much today. They seem to be busier Tue-Fri.Anyone who is waiting to pass ROFR hear back yet today? The anticipation is killing me!
Yep! I actually started with BWV (b/c we love it there), had an accepted offer initially, and then backout because I was overthinking the 2042 expiration. I kept second guessing myself and started trying to just find the best deal (lowest points, low dues etc). But I think really what it came down to was that I was struggling because my heart is really at Boardwalk. I also got a more loaded contract this second go around, for the same price per point, so it worked out in the end. So excited for the renovation too!Nice!! You were wondering where to buy, right? How cool to land on boardwalk!
When was yours submitted?Anyone who is waiting to pass ROFR hear back yet today? The anticipation is killing me!
Hi, yes sent a week ago on the 3rd of April. Worried Disney are going to start buying them back this month. I hope not…Anyone who is waiting to pass ROFR hear back yet today? The anticipation is killing me!
Mine sent 3/25 still waiting. I am worried that the AP sales announcement that the monster is making a come back.Anyone who is waiting to pass ROFR hear back yet today? The anticipation is killing me!
I think that AP coming back is tied to no ROFR is tied to hotel room discounts of up to 25% through summer and into fall. Len Testa reported on his podcast that WDW gate attendance is down like 25%. With trends like that, my guess is that the ROFR monster will stay in her cave for a while longer.Mine sent 3/25 still waiting. I am worried that the AP sales announcement that the monster is making a come back.
Is that 25% down after spring break week? I've seen nothing but how massively crowded it's been the last few weeksLen Testa reported on his podcast that WDW gate attendance is down like 25%.
Mine was sent the 27th. Still waiting as well.Mine sent 3/25 still waiting. I am worried that the AP sales announcement that the monster is making a come back.