Timeshares have become increasingly common — and expensive. About 10 million U.S. households own a timeshare, and the average price of one of these vacation homes rose to $23,940 in 2023, a more than 30% increase since 2018, according to the American Resort Development Association. While the industry has grown more popular, it has come under fire, as owners often struggle to exit their contracts. Watch the full video at the #linkinbio. #cnbc

What to know before buying a timeshare