Timeshares: Their Time Has ComeBarbara Hetzer
Talk about a loser reputation. For years, timeshares, in which people typically bought the right to stay at a ho-hum resort for the same week every year, were hustled by small independent developers. These outfits would often lure prospective buyers with gifts and arm-twisting sales pitches. Many customers, expecting their equity to appreciate like other real estate, got burned.
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