• Em Adespoton@lemmy.ca
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    2 days ago

    What I’m curious about is those Florida timeshares that are impossible to get out of. Will people just abandon them and the bank accounts they’re linked to?

    • dhork@lemmy.world
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      2 days ago

      They can always just keep paying and not use it, or let some of their American friends use it. But they are not impossible to get out of. There is an entire industry revolving around transferring timeshares. Like any other contract, it is more costly to get out of early, but it can be done if you are motivated enough.

      • Y|yukichigai@lemmy.sdf.org
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        2 days ago

        Ironically, a large portion of that industry is owned by the Timeshare industry. You can imagine that they aren’t always the most effective at getting people out of those contracts.

    • CmdrShepard42@lemm.ee
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      2 days ago

      Will people just abandon them and the bank accounts they’re linked to?

      I would. If these people are Canadian citizens, why would they care if some US company sues them in US court?

      • Em Adespoton@lemmy.ca
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        2 days ago

        For those of us without timeshares this would seem an obvious solution. But these are people who already spend 6 months there and signed up for a time share in the first place.

        • CmdrShepard42@lemm.ee
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          2 days ago

          But I’m saying if they break their contract and just stop paying for the timeshare, these US companies have little recourse to recoup that money from people who live outside of the US and don’t plan on returning.

          • Em Adespoton@lemmy.ca
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            2 days ago

            Yeah; those of us who would never plan to return would do it in an instant—but we wouldn’t have bought a timeshare in the first place. These people plan to return as soon as Trump is out of office.