Under $11 is amazing!!
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This surprises me as well. The value of those BWV points should be dropping. Although, to be fair, we just bought a relatively small number of additional resale points at BWV at a higher price than is probably reasonable…but it was to supplement our already small allocation to bring it to a point where it is now ideal for us. But wait another year or two, and those point values at BWV really should drop!
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People are really paying for like the next ~6 years of points. Points behind those years are heavily discounted.
Think of it this way — you could rent a point for $20 a year. So $100/point is essentially 5 years of points. Factor in dues, interest, perks, etc, and you get your market price. But I really don’t think you’ll see a precipitous drop for another 5 years and even then it will still hold significant value.
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That’s actually an interesting way of looking at it. I’ve never approached the value of DVC from that angle. (Kind of makes me feel better, though, looking at it that way!)
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