Timeshares were once a popular vacation solution, especially for baby boomers, due to their cost-effectiveness and the ability to plan trips reliably. The golden age of timeshares peaked in the 1970s and 1980s, benefiting from increasing disposable incomes and the introduction of timeshare exchanges. However, their appeal has declined significantly. Many baby boomers now view timeshares as financially burdensome and inflexible, turning what was once a vacation asset into a scheduling headache. This shift highlights the evolving perceptions of timeshare investments over generations.
In many ways, timeshares have been hugely popular because they allow you to plan a vacation properly. As they frequently cost less than staying at hotels multiple times a year, you can travel to a timeshare and know precisely what you are getting and where.
However, the cost-effectiveness of timeshares has gone from very advantageous to feeling massively overpriced. The same can be said for flexibility, which now has timeshares feeling more like a scheduling headache than anything else.
For an extended period, especially around the 1970s, when the timeshare exchange was introduced, this was a golden period for this vacation experience. Timeshares allowed people to travel frequently without breaking the piggy bank.
There was far more disposable income available to baby boomers during the 1970s and 1980s than today's generations, making timeshares more appealing in that era.
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