Representatives of the postwar generation out of t...

Representatives of the postwar generation out of the game

Representatives of the post-war generation of Americans and Europeans increased their sales timeshare in recent years. They strive to give their certificates to management companies, returning the money invested, and eliminating the need to pay annual membership fees.

Timeshare owners who are supporters of this kind of vacation, do not rush to turn your certificate into a will to transfer to his children and grandchildren. Why is this happening?

The global financial crisis has led to a reduction in pension funds post-war generation. Private pension plans (like 401k in the U.S.) to invest a significant portion of investors in the stock market. This market has fallen as a result of the crisis, which led to a decline in confidence in the representatives of the postwar generation of the future.

The development of the health care system allows seniors to lead active lives long enough. Provisions for personal pension plans are drying up too soon because of the crisis and rising life expectancy. That is what makes the post-war generation members who reach retirement age, to sell assets. They want to improve their financial situation and get rid of one of the articles of regular expenses, which are the membership fees.

Are young people in the U.S. and Europe to support the baby boomers to their advantage? Yes, if they have enough money to buy a timeshare today. The fall in prices associated with the crisis provides a good opportunity to make a bargain.

The problem is that the younger generation of Europeans and Americans is a more complicated situation than people approaching retirement age. They do not have time to create savings, and the labor market makes it impossible to earn enough to commit serious shopping.

Residents of countries in Eastern Europe, Middle East and China can support the demand for leisure club. They already get the best Timeshares at competitive prices, depriving the Americans and Europeans opportunities for profitable investment. Perhaps this reflects the shift of world economic leaders?

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