In hindsight I may have rambled a little, let me try again. In an economic downturn the people that tend to see the greatest drop in annual income are those at the very bottom and those at the top. Those at the bottom are most likely to lose their job as there are other ways to do the same job or a large pool of people willing to do it at a lower price. Those toward the top suffer in two ways, their salaries become targets for downsizing and they are also hit on their investment portfolio. The middle is not a great place to be either as we all get hit however they work for a "fair" wage and are in jobs requiring adequate skill. The key thing is which family is most likely to have spent above their means and be at max credit? That could be either, none, or both. My initial point was the family who is looking to do Disney in an affordable nature should still be able to because they are not seeking to go so far and above for the Deluxe stays that Disney is catering to. Those who want the pampering will no longer be able to stretch themselves to make it happen and that pool of funds dries up. They are seeking to earn the money of the top 20% when it is those between 45% and 75% that provide the largest pool to draw from. As for the dues, lets sat that 25K gets you 250 points. At the current rate of $5.05 at Bay Lake Towers, the annual maintenance and tax bill $1,262.50. If you have a house bill and this bill comes due and you have not saves up, plenty of people will simply walk away. is I hope I made my argument a little better...
As for the correction of 2008, yes things corrected however we have seen growth of 164% since then and the Dow is not too far off its all time high. We have propped ourselves up with artificial interest rates, stretched data, and good ole American overspending. We are going to have a repeat of 2008 because very few people learned anything from it. The question is when in the next 3 years does it happen?
