How to buy a yacht
“Yacht” is perhaps too strong a word for what I’m talking about here.
The word “yacht” conjures up images of Trumpian three hundred footers. You know, a heli-pad and a twenty foot Donzi runabout as a tender.
No, I’m talking about affordable stuff in the 25 – 50 foot range.
First thing you have to consider, is that the pool of 25 to 50 foot boats is way heavy on the sell side. Lots of folks selling this stuff; not too many buying.
That’s for a lot of reasons, but the main reason is that America’s middle class has evaporated. I’ll let Hill and Donny sort that business out, but the point is, the boat market that used to be the pervue of the “middle class” is gone like a fart in a tornado…
If you’re selling a forty foot SeaRay with a pair of 502 V-8s, you don’t have a boat for sale, you’ve got a dumpster issue.
That’s how shit is shaking out in the real world.
Source: http://theviewfromfallingdowns.blogspot.com/2016/08/how-to-buy-yacht.html
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