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One of the hardest hit areas of the economy post financial crisis has been real estate, and in particular vacation homes and timeshare properties. When you think about the number of home owners who walked away from their principal residences due to financial difficulty you can then only imagine how many vacation holders or timeshare owners did the same. 2009 may have been a bad year for real estate, but for the timeshare industry it was nearly a total collapse, and parts of Florida were particularly hard hit.

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