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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.