There was a time when Disney Vacation Club resorts often appreciated in value after the property was "sold out" and no longer being actively marketed. Buyers looking to purchase via resale would pay more than the original buyer for a contract that had fewer years remaining.
However in recent years this is no longer the case. Many of the older resorts--with contracts ending in just over 30 years--have seen their resale values decline. Even Saratoga Springs values have dropped sharply despite contracts that run for another 45 years.
Topic: What are your thoughts regarding the disparity between direct and resale pricing? Is DVC charging too much? Is the economy largely to blame?