it's not like a house, which you can let fall into tatty disrepair and some mug will still buy it
Yeah, this is what I'm getting at - boats are movable personal possessions, the value of which are defined by the value of the materials used to construct them, the quality of construction and their condition - in a 'normal' market*. Bricks and mortar homes are not, and are worth what people will pay for them, and you never know why they paid what they did.
You say 'mug', I say 'saw immense value in being able to send kid to the local highly rated school', or 'only top floor low rise flat in the area near the shops and bars'.
Of course, you could sell a boat at a profit, if you know what you are doing :)
* I guess the abnormal housing market is fucking up the boat market too. Someone should start building some narrow boats, sounds like there is demand.
Yeah, this is what I'm getting at - boats are movable personal possessions, the value of which are defined by the value of the materials used to construct them, the quality of construction and their condition - in a 'normal' market*. Bricks and mortar homes are not, and are worth what people will pay for them, and you never know why they paid what they did.
You say 'mug', I say 'saw immense value in being able to send kid to the local highly rated school', or 'only top floor low rise flat in the area near the shops and bars'.
Of course, you could sell a boat at a profit, if you know what you are doing :)
* I guess the abnormal housing market is fucking up the boat market too. Someone should start building some narrow boats, sounds like there is demand.