Florida has the highest number of timeshare properties of any state in the United States. Florida is also home to almost half of the timeshare owners. This goes to show that the timeshare resale market is very tough in Florida.With the economy being hit so hard and unemployment hitting all time highs, the value of vacation properties is going to hit rock bottom by the end of 2009.Not only will people be trying to sell and / or rent their vacation units. New timeshare units that have been built over the last several years are still being sold. Competition for the sale will be tougher than ever.Another dramatic hit to the time share marketplace is the fact that so many people will not be able to afford to take a vacation due to a variety of factors some of which include:” Job Loss ” Reduct mosquito repellent ion of Wage ” Losses on the Stock Market ” Pensions Disappearing ” FearWhat would fear have to do with taking a vacation?Well, in times of recession (yes, we are in a recession actually we are in a depression) people become fearful to take vacation for many reasons.Some people fear that when they are away from work, the boss may like the person that replaces them better and when they come back they may find their position eliminated. Many companies simply add additional work load to others when a person is absent and when it is discovered that a person is not as vital to the everyday business, they become expendable.Other people feel that they may need to conserve their vacation hours in case they are laid off they will at least be able to receive the compensation for any unused vacation.