REMINDER - COVID-19
Any content, information, or advice found on social media platforms and the wider Internet, including forums such as YBW, should NOT be acted upon unless checked against a reliable, authoritative source, and re-checked, particularly where personal health and liberty is at stake. Seek professional advice/confirmation before acting on such at all times.
Users who are found to promulgate FAKE NEWS on the forum in regard to this issue, intentional or otherwise, may find their access terminated. It is your responsibility to provide references to bona fide sources.
FAKE NEWS, in this regard, is that which is posited by organisations, media, etc., that is repeated on the forum, or used to support personal opinion/hypothesis posted by users - FAKE NEWS is not necessarily the personal opinion/hypothesis being posted in itself, any issues with such should be challenged respectfully.
Last minute announcement as Southampton City Council pulls the plug on both shows on Thursday evening over increased Coronavirus numbers in UKRead more...
Just the same as pipe organs for churches.This has been coming for a long time. The end point is that second hand boats are essentially free but maintenance and mooring costs as expensive as if the boats were 100k plus in value.
That’s fine by me and the biggest issue will be marketing your free boat against all the competition so old rules about well maintained and not too quirky remain just the same as ever.
Quite- and then they will be lost forever. If they can't make it as a marina, so many of them will become housing, particularly here in the south. Can you imagine if, say, one of the marinas at the top of the Hamble went bust? Waterside flats all over the place at large prices and large profits for the owners/receivers I'd guess.I've never been one to follow the logic that if you have to ask the price then you can't afford it... though I have heard the saying many times over the years in particular regards to boating. A bit of a shame as boats are cheaper than some think. I mean they're not an investment for sure, definitely an expense item but that's no excuse not to ask the price, in fact that's just good financial sense at making your money work harder. I think everyone will welcome cheaper marine prices but we have to be careful as I'm not sure that all marinas over charge. I mean some are in high demand so the prices are bumped but others just have high mainetenance costs and could go insolvent if prices drop too much.
That was the fear all along the eastern seaboard of the States , especially in Long Island Sound, Rhode Island, Massachusetts, south Florida, etc. Selling the land for condos would realise far more return than would ever be earn't from a marina let alone a boatyard. But the infrastructure would then slowly vanish for a activity that is financially important for many States or cities. So the solution was to 'zone' marine business land with a unique 'M' categorisation and then make it almost impossible to get a 'change of use' of land so designated. Pressure from developers disappeared overnight and boatyards were only as valuable as the marine business they could support.Quite- and then they will be lost forever. If they can't make it as a marina, so many of them will become housing, particularly here in the south.
But that assumes that the number of people actively wanting to buy a boat remains in balance with boats for sale.A massive part of the problem with this thread is demographics. Young people are not good at privation. They want 36 feet as a minimum. There was a time in the early-mid 00's when Bavaria were turning out Bav34's and 36's for around £50,000. There are a lot of these boats and their contemporaries available and they too will depress the prices of older small boats.
Moving on today the volume of new boats being sold is tiny but then again so is demand, in the UK few under 40 have disposable income to buy, own and maintain a boat. However has the 00's boats work their way out of the system, the numbers of new boats is probably in balance with demand for used second hand boat and I expect newish boats to retain their value well.
Someone wanted to give me a 27ft yacht on a mooring. Boat was not in good nick, mooring fee was about to be due, there was no cradle or trailer for it.That would be fine if you got £50 to scrap them but it’s the opposite- you are giving away a huge costly liability.