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Original Paragraph:
[ Modified Mon Sep 20 16:51:29 EDT 2004
]
[ Modified Mon Sep 20 17:00:07 EDT 2004
]
[ Modified Mon Nov 15 14:48:12 EST 2004
]
[ Modified Mon Nov 15 15:00:31 EST 2004
]
Timeshares are in between an intentional community and
a hotel resort. The residents are owners, but they do not stay
there all year. We believe this has some major advantages in
terms of financing and market appeal. With financing, time
share residents pay up front. Thus you don't have to get a loan
with the hope of having enough business to pay it back. You let
people buy shares, and when you've sold enough, you start
construction.
Source: http://seastead.org/commented/paper/market.html#Timeshares_are_in_between_an_intentional_community
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