Coronavirus and DVC prices

[Deb & Bill]

New deals to come. Buy your 100 Riviera points for $195 a point and get four night SSR studio trip for free. Buy 200 points and you get five nights in a SSR one bedroom.

 

[Coffee66]

New deals to come. Buy your 100 Riviera points for $195 a point and get four night SSR studio trip for free. Buy 200 points and you get five nights in a SSR one bedroom.

Buy 300 points and get a case of toilet paper

 

[Cyberc1978]

The death rate in Italy is currently almost 7%. That's because people without symptoms are not tested. When they say the death rate is 1-2%, it accounts for that.
That is an average, people with pre-existing conditions have an higher change of death, up to 20% for some categories.
And if too many people take it at the same time, hospitals won't have enough resources to cure everyone and the death rate will go up. That's why we need to slow it down, to give hospitals the time to deal with it.
It must not be taken lightly.

Yes people die in Italy due to lack of resources at the hospitals. One key difference in Italy compared to many other countries is that its normal for the younger part of the population to live with their elders. This means that if the kids get infected so will the elderly as they live under the same roof. As the elderly have a high risk of dying due to Corona then we will see more people die due to this.

 

[Ms.Minnie]

The media isn't scaring the heck out of people. It is to get people to act appropriately given the lack of information. It is 10x deadlier than the flu right now, there is insufficient testing in the U.S. to determine the extent of the spread, and for some population, it is much deadlier.

I'm all in favor of informing the people but 24/7 coverage does begin to work on the nerves. We don't have all the answers yet and to continue to say the same thing over and over again does start to scare people whether you think so or not. Why do you think you have all those "crazy, scared" people trying to buy all the toilet paper, paper towel, hand soap and food they see? They are acting like this is the end of days, it's not. We will get it under control and things will get back to normal.

Sure, we could just not care and the vast majority of the population will actually be OK. However, you would be sacrificing the vast majority of those with compromised immune systems, those with respiratory issues, and those over the age of 70.

I never said I didn't care. I do but I don't think the constant droning on is helping to calm peoples fears. Stressing people out isn't good for the immune system. Anything that's not good for the immune system I would think wouldn't be good at this time. I guess the best course of action is to not watch the news channels because this is pretty much all they are talking about. If they had some new information it would be helpful but pretty much it's the same thing over and over again. That's not to say that they shouldn't report on it but not all the time, I'm sure there are other important things going on in the world that's not being covered because of this.

If you want to blame people for causing the hysteria, blame 1.) The government for not developing and providing enough testing; 2.) The hoarders (I'm not talking about the common folk), but those who deliberately went shop to shop to purchase all of the masks/santiation materials to deliberately sell at huge markups on amazon/eBay; and 3.) The business owners who did not react by instituting rationing measures.

1.) I do believe the government is working on getting enough testing kits. 2.) Agree the hoarders are crazy and if being done for large profits shameful. 3.) I don't think the business owners realized the extent of how people would be going crazy because they heard on the "news shows" to stock up. I don't think we should be blaming the shop keeps for this issue, it's easy to be a "Monday morning quarterback". Just sayin

 

[zavandor]

Yes people die in Italy due to lack of resources at the hospitals. One key difference in Italy compared to many other countries is that its normal for the younger part of the population to live with their elders. This means that if the kids get infected so will the elderly as they live under the same roof. As the elderly have a high risk of dying due to Corona then we will see more people die due to this.

Not yet there, the 7% death rate is just apparent because of the cases not recognized. It is estimated the death rate is similar to the average. But if they don't stop the infection the hospitals may collapse and start choosing whom to cure.

 

[sethschroeder]

You’re right, many people think DVC is an investment. Those are the people who will get burned and maybe they’ll learn their lesson.

How is your 401k or stock portfolio doing right now? I would bet its down more than DVC is. On top of that I bet you can still rent out to get money from your DVC like you always have. DOW is down 30% and S&P is down 25%.

DVC is not really an investment in the way that stock, etc. are. It’s, as you said, a prepayment of vacations

Exactly people get so hung up on the term investment. Investment doesn't mean you physically have more cash to hold at the end. It can simply mean a savings as well which in reality does allow you to hold on to more cash.

Time investment in to skills doesn't give you more time but it does save you time in the future. This is similar its not giving you more money but its saving you money in the future.

On top of that even if DVC crashed 50% in the next 6 months I like my odds over the next 2-3 years that it will at least be a breakeven unless WDW basically collapses which I can't see even though things are bad right now.

The market will bounce back once the news media stops scaring the c____p out of everybody with the 24/7 coverage of the Cvirus.

The media isn't scaring the heck out of people. It is to get people to act appropriately given the lack of information.

Exactly I hope the media keeps up the coverage. You can go on Twitter and see various packed bars, night clubs, and restaurants this last weekend. The media is actually reacting because of what is happening elsewhere in the world. The media had no control on China locking down an unprecedented number of people in January and it doesn't have control on multiple European countries locking down their country either.

Everything will bounce back though I 100% expect that. It may take a little while but it will.

 

[arrrroooooo]

FWIW, one of the DVC sites has data on the historical price per point for direct that supports the answers on this thread: Disney rarely drops their prices for direct. SSR appears to have taken a hit in 2009/2010 but I'm guessing that's because BLT was newly in sales at the time?

https://*******.com/dvc-information/financial/history-of-dvc-direct-sales-price/(Assuming the automagic URL eliminator will block that if this is a forbidden URL.)

 

[CarolMN]

FWIW, one of the DVC sites has data on the historical price per point for direct that supports the answers on this thread: Disney rarely drops their prices for direct. SSR appears to have taken a hit in 2009/2010 but I'm guessing that's because BLT was newly in sales at the time?

https://*******.com/dvc-information/financial/history-of-dvc-direct-sales-price/(Assuming the automagic URL eliminator will block that if this is a forbidden URL.)

You don't need to go elsewhere for that info - it's part of the DIS DVC Resource Center. Links to that are near the top of each DVC Forum. Here's a direct link to post #4 in the Resource Center:

A history of DVC as compiled from posts here on the DIS since 1997

 

[MICKIMINI]

Buy 300 points and get a case of toilet paper

You need the TP now as DVC has been "cheaping out" on restocking as of late...what a deal!

 

[MICKIMINI]

Here's the deal -- we don't know **** right now.

The good news -- given the insufficient testing in the US -- that means that more people have it than we realize. Guess what?

That means that the death rate is significantly LOWER than what we are reporting. Why?

B/c almost 100% of the deaths attributable to COVID-19 are reported....but maybe only 20% of the actual cases are known...so the actual rate is likely 4 to 5 times lower than what you think.

So take a xanax and get off social media.

I wish it wasn't a big deal. I just got off the phone with my son who works for a major hospital and it isn't good...staying home is the best thing you can do. Be well.

 

[ScubaCat]

You need the TP now as DVC has been "cheaping out" on restocking as of late...what a deal!

Maybe they can bring back angel soft as a direct purchase perk. Resale buyers get the 220 grit sandpaper they now supply everyone.

 

[SL6827]

Buy 300 points and get a case of toilet paper

Husband went into a pawn shop yesterday or day before, got some gold at a great price and they told him that someone came in and stole a four pack of toilet paper from their bathroom. I mean really?

 

[Coffee66]

Husband went into a pawn shop yesterday or day before, got some gold at a great price and they told him that someone came in and stole a four pack of toilet paper from their bathroom. I mean really?

Laugh out loud. No toilet paper anywhere in our area. Now bread in short supply. Milk very short supply and now the president speaking and the Dow down 500 points.

 

[Coffee66]

Laugh out loud. No toilet paper anywhere in our area. Now bread in short supply. Milk very short supply and now the president speaking and the Dow down 500 points.

I don't see Disney opening anytime soon. Mlb announced today that season delayed 8 weeks. Considering season opens March 26th

 

[Deb & Bill]

I don't see Disney opening anytime soon. Mlb announced today that season delayed 8 weeks. Considering season opens March 26th

And the next question is, do I get a discount on my Extra Innings through DirecTV since there isn't any baseball to even watch.

 

[Coffee66]

And the next question is, do I get a discount on my Extra Innings through DirecTV since there isn't any baseball to even watch.

? For billing. Somehow I wouldn't hold my breath

 

[mentos]

How is your 401k or stock portfolio doing right now? I would bet its down more than DVC is. On top of that I bet you can still rent out to get money from your DVC like you always have. DOW is down 30% and S&P is down 25%.

Everything will bounce back though I 100% expect that. It may take a little while but it will.

I've pushed about $50,000 into the market in a graded fashion the last two weeks. This was mostly dumb luck that I didn't roll it in earlier (I was moving money around late last year and got distracted).

I also have 30+ years until retirement so all this stock market mayhem excites me.

The only reason I'm not so happy is I have small business owner friends who are going to struggle pretty badly this coming year.

 

[Ms.Minnie]

Exactly I hope the media keeps up the coverage. You can go on Twitter and see various packed bars, night clubs, and restaurants this last weekend. The media is actually reacting because of what is happening elsewhere in the world. The media had no control on China locking down an unprecedented number of people in January and it doesn't have control on multiple European countries locking down their country either.

Everything will bounce back though I 100% expect that. It may take a little while but it will.

So I live in NJ (USA), there is now basically what I would call a curfew from 8PM to 5AM as of today. Also all bars, restaurants, movie theaters, gyms, casino's have to close effective today at 8PM. Restaurants are allowed to do take out or delivery only, no dining in...so I guess you aren't going to see packed bars in NJ, NY, PA, CT any time soon.

Nobody said the media had control over anything but their own 24/7 coverage Cvirus-19. This type of coverage can be very disconcerting to the masses causing panic. Panic is not good for anybody or anything. I think our elected officials in the US are doing all they can to curtail the further spread of this virus and trying to control the fear that many are feeling due to all the coverage. Of course we all know that it will probably get worse before it gets better but I for one do believe it will get better and the stock market will rebound. I guess I'm a positive thinker, I'm a realest but I do believe things will improve with time. I'm not planning on selling my DVC or any of my investments. In fact I'm looking at buying some stocks on the down side. I do believe the term vulture has been use for people looking to by DVC on the low side, well that's me for certain stocks and possibly DVC if the right contract where to come along (my poor DH).

 

[E2ME2]

You don't need to go elsewhere for that info - it's part of the DIS DVC Resource Center. Links to that are near the top of each DVC Forum. Here's a direct link to post #4 in the Resource Center:

A history of DVC as compiled from posts here on the DIS since 1997

Don't know how the data in the link you provided was compiled, but it's missing a data point. We bought SSR-Direct, on the spot, in October of 2010 for $99/Point
ET

 

[SL6827]

I never in a million years thought of this situation when I bought my ever so small contract at OKW. And like wise when I sold it either. Makes me kinda realize that I really didn't know as much about DVC as I thought I did.