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April 21, 2008

Yacht Prices Sinking Fast

Yacht_prices Yacht prices have gone up so far so fast that they’re bound to settle down. Last year, it cost more to buy a used yacht than it did to build a new one, because of buyers’ need for instant gratification. Yacht flipping became the new house flipping, with buyers selling boats for millions in profits before the vessels were even built.

This year, yacht flippers may face the same fate as Florida condo flippers. The good news for boat buyers: that 150-footer of your dreams may come down to a reasonable $20 million

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People stroll around the Dutch cargo ship "Artemis" in Les Sables d'Olonne, on France's west coast, after strong winds pushed it off course

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Re-post: Airplane Graveyard at Davis-Monthan Air Force Base outside of Tucson, AZ

Pooh stick and sand eggs made by this rake-sand artist. (From Metafilter)

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April 21, 2008 in Boating | Permalink

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Comments

That's great, I never thought about Yacht Prices Sinking Fast like that before.

Posted by: Yacht Charter Greece at Dec 31, 2008 3:59:57 AM

That's great, I never thought about Yacht Prices Sinking Fast like that before.

Posted by: SEO at Aug 4, 2009 4:14:38 AM

Wow, I never knew that Yacht Prices Sinking Fast . That's pretty interesting...

Posted by: Yachtcharter Griechennland at Aug 17, 2009 6:59:36 AM

Good post, but have you thought about April 21, 2008 before?

Posted by: NIMS at Sep 9, 2009 10:35:46 PM