EME
Well-Known Member
LOL ..
A-- being where we are today with some berth stock held by owners with no boat on them, the rental 'stock'
B -- being the realisation that berth prices are beginning to fall
C -- being the commitment from Mgt Companies to keep berth 'rental prices' down ( to avoid a Port Canto scenario)
D -- being folks realising that B + C makes little sense if they are holding on to berths WITHOUT a boat on them, so they decide to maximise their return.
E-- Being places like Beaulieu (??) insisting that all berths are owner-occupied or as in the case of Antibes there being (well-founded) rumours that post-lease only those with their own boats on berths will have continuity rights ( Use It or Lose It) .. this also explains imo why there will still be a premium up to the last day for leases, even in a doomsday scenario.
Net effect of A-E being that rental stock will fall as owner occupation increases
That is borne out by the number of berths that were sold in Antibes in the last 12 months? Allegedly a record?
Personally I would never rent.
The GBS's was a tongue-in-cheek reference to someone who has consistently owned more berths than they have boats concurrently!
A-- being where we are today with some berth stock held by owners with no boat on them, the rental 'stock'
B -- being the realisation that berth prices are beginning to fall
C -- being the commitment from Mgt Companies to keep berth 'rental prices' down ( to avoid a Port Canto scenario)
D -- being folks realising that B + C makes little sense if they are holding on to berths WITHOUT a boat on them, so they decide to maximise their return.
E-- Being places like Beaulieu (??) insisting that all berths are owner-occupied or as in the case of Antibes there being (well-founded) rumours that post-lease only those with their own boats on berths will have continuity rights ( Use It or Lose It) .. this also explains imo why there will still be a premium up to the last day for leases, even in a doomsday scenario.
Net effect of A-E being that rental stock will fall as owner occupation increases
That is borne out by the number of berths that were sold in Antibes in the last 12 months? Allegedly a record?
Personally I would never rent.
The GBS's was a tongue-in-cheek reference to someone who has consistently owned more berths than they have boats concurrently!
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