Submitted by meltingintoice t3_11ypkwo in personalfinance
It seems like most timeshares you hear about on here are people who rarely use them, are locked into huge annual upkeep fees, and have trouble selling/being released from them.
But sometimes I hear about people spending time at timeshares (often a unit split with several other families) where it seems to be working out ok.
What is the situation where a timeshare vacation property would actually be a GOOD idea (or, at least, an acceptable idea, given that it's at best a luxury no one truly needs)?
Edit: Thank you to the twenty-two comments (so far) that have recommended the John Oliver video. It was, indirectly, the impetus for this post specifically asking for any "other side".