Is boating in a death spiral?

Having just been through the sale of our boat and looking for another I can’t get over the harsh realities. Boats that would have been £10,000 pre-Covid are now un-saleable at £3,000. Brokers tell me they have a number of clients who would give away their boats AND pay the £1,000 brokers commission.
Marinas are now so insanely expensive, people in their 20’s and 30’s trying to claw their way onto the housing ladder would laugh at the idea of boat ownership. A humble swinging mooring is still £2,500 a year with lift in/out, winter storage, maintenance and insurance.
Some youth sailing programs are thriving, our local club is. But that’s no longer going to lead on to boat ownership. The over-priced marinas will cheerfully turn themselves into the waterfront housing developments they’ve always wanted to be and the trades that support boating will dwindle.
High end stuff will still be made and sold and they’ll be a thriving hire market but as for the days of families going sailing in their own boat - that’s going fast 🙁
No, I dont think that it is in a death spiral but there are a couple of issues. The first is that young people with sufficient money often dont seem to have the inclination to join clubs and if they go sailing do a charter somewhere warm instead. Certainly my son is like that. The second issue is the lifespan of grp boats - they dont rot away like most wooden ones do, so you end up with people owning boats 40 and 50 years old, often not using them and clogging up marinas because the boats are unsaleable. At one of my clubs there is a back fence crammed with "old bangers" such as early westerlies, old colvics, macwesters etc which are never launched and whose owners think they are still worth something. We managed to put a number of them when the owner had died / walked away, into landfill last year. We really should put another 20 in the same hole.

Its as if the car market was still full of Morris Marinas and Vauxhall Crestas that were refusing to rust away.
 
Paradoxically, falling secondhand boat prices means one of the barriers to entry - capital cost - is probably lower now in (inflation-adjusted) real terms than it ever has been.
I agree used boats are relatively cheap. Inflation was very modest for a while and people have forgotten to allow for it when considering the value of used items.

My boat is probably worth just a little less than the sum I paid for it some 11 years ago. Which with allowing for inflation actually means it is worth about half.
A buyer may as well buy a used boat in good order as a project boat is likely to cost more after the expense of the restoration.
Every marina has its old wrecks that that folk have been trying to restore for decades.
 
Surely anybody who can afford the time and money to own and use a campervan is easily able to afford a small yacht. But of course a van can have you in another country, with cheap wine and abundant sunshine, within 24hrs, and a yacht can't. So maybe it's not so much about time and money, and more about people's expectations of what a good holiday looks like?
However with a smaller yacht and a trailer for it you can also be in sunnier and pleasant climes, within 24hrs, and in France it's cheaper than UK to launch and recover.
 
However with a smaller yacht and a trailer for it you can also be in sunnier and pleasant climes, within 24hrs, and in France it's cheaper than UK to launch and recover.
But I think for a lot of people the compromises inherent in a boat that small are too much. Otherwise the world would be full of trailer sailers, not campervans.
 
Would guess that a good proportion of boomers in our club who own a 10 -12 meter 30/40 year old flybridge also have a motorhome on the drive and divide their time between the two.
A little sympathy please, life is hard for this generation. as they will tell you at considerable length given half a chance.:ROFLMAO:
 
Never been attracted to a motorhome but maybe this mental shift comes when moving to the dark side. Must watch out for this trait should we decide to give up sail. Paddle board s uninflated fit very well in our lazarette .
 
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