For a few hundred thousand Australian households, the tantalising prospect of turning a holiday into an investment has led them to buy into timeshare schemes.
These controversial arrangements – infamous for providing funding to high-profile Gold Coast resort developments in the 1980s – grant participants access to holiday accommodation over an agreed period of time.
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Aleks Vickovich leads the Financial Review's coverage of wealth management, specialising in the business and regulation of investment markets, financial advice and superannuation. Email Aleks at aleks.vickovich@afr.com
