Alternatively, renting or staying in a hotel/resort is _significantly_ cheaper than $500k, even amortized over 10 years. TBD how much you can sell your timeshare back for at the end, but I'd argue the risk + the significant upfront capital + not getting to put your crap in your expensive rental™ makes it a tough sell for all but a small niche.
>let market decide not folks on HN
I'd point out that a number of the threads on this are more upset that this seems to be a timeshare system that dodges regulations around timeshares, just as Uber is a cab system that dodges cab regulations and AirBnB is a BnB/home rental. It's more anger that these startups raise massive cash to distort the markets in ways that have some advantages but aren't always long-term positive, and it takes regulation too long to catch up. Comparing regulation dodging timeshares to iPhones feels disingenuous.
Alternatively, renting or staying in a hotel/resort is _significantly_ cheaper than $500k, even amortized over 10 years. TBD how much you can sell your timeshare back for at the end, but I'd argue the risk + the significant upfront capital + not getting to put your crap in your expensive rental™ makes it a tough sell for all but a small niche.
>let market decide not folks on HN
I'd point out that a number of the threads on this are more upset that this seems to be a timeshare system that dodges regulations around timeshares, just as Uber is a cab system that dodges cab regulations and AirBnB is a BnB/home rental. It's more anger that these startups raise massive cash to distort the markets in ways that have some advantages but aren't always long-term positive, and it takes regulation too long to catch up. Comparing regulation dodging timeshares to iPhones feels disingenuous.