Originally Posted by Khan
On the other hand:
the one hand
and the other
not just different hands but mounted upon separate bodies.
though the abandoned scows might make good housing for the homeless should unemployment creep up to 25%. in apparent preparation, many south florida coastal communities have enacted restrictive liveaboard standards, going as far as to violate, some would say, ancient admiralty laws on rights of navigation.
to leonidas' quote on boat sales, certainly today's boat sales markets are not recession proof, as much of that is bought up by the nearly- but not fully well-to-do.
here's an example of just one of the boats i've been following out of curiosity.
i first noticed that corbin when advertised for us$136k back in march when the canadian:us stood at about 1:1. now it is asking $99k canadian or us$78,606.
and just the other week i received a call from a sales guy trying to sell a boat i looked at about two years ago when i thought i was flush. no sale in two years yet he only brought the price down 10%. considering a lot of people who would buy such a boat would sell their house to move aboard, it is nothing less than mystical to me how the owner thinks his price won't be going down 30-40% along with the rest of us. with no buyers, other than deep pockets & a lot of hope the market will ever pick up again in one's lifetime, i can't imagine what flotation device they think might keep their price up.