I've always heard of stories of Edmontonians going on a vacation (Vegas, Florida, etc.) and coming back owning a timeshare. However, I was just reading about people taking 100% losses in trying to sell them and even paying to get out from under the contract.
That sounds like a horror story to the individuals and a huge potential drain from our local economy. Those people could have blown their money at home rather than abroad.
Your thoughts, experiences?