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Hello and welcome to the corporate casket, a bi-weekly series where bad businesses go to die.

We will discuss any and everything from bad charities, terrible CEOs, and businesses that have a lot to hide.

I'm the aluminati and today we're going to be talking about a long requested topic,

Timeshares.

I feel like most people nowadays know to avoid Timeshares like the plague.

And we've all seen some sort of Timeshare salesman stereotyped on television or gotten that

spam call or you know maybe you've heard about how timeshares are almost impossible to exit.

But that's really been about it.

So why would someone buy a timeshare in the first place? Are there any situations? really down the toilet. Well, I was really curious to see what the situation around

timeshires is so that's what we're talking about today. So let's just dive

right into it. For 8,000 dollars we can buy a condo here?

You see, time share means you buy the condo with about 20 other people like yourselves. You share the condo with other investors and pick the time you want to stay.

Share time. Time share. So then it's not really ours. Sure it is

one twenty fourth and a half yours. You see time share has made it possible for

even working class people like you to say I've got a little place in Aspen.

So what is a timeshare exactly and what's the history surrounding them?

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