Originally Posted by Redcoat
Well besides being a two boat owner.Why would you trade a deperciating item for an apreciating one. I don't know the value of your house but another hole in the water
? The morgan is a big beamy boat and would be comfortable in the Med.But how much is it going to take to keep it up and what is the trade in value $700.00 a ft? If you can justify it your mind then who cares what we think.
1) I do not fancy a boat of that size, but there are a few thoughts. The house had before the bankfraudcrisis a value of 300.000,- Euro. That has been reduced till 250K-260K. Nobody is using this former residence of my late father except me and my brother sometimes.
2) My mother, who still lives, wants to die here, in Holland
. She is 90 and almost blind. We have two residences, one in Holland
which is quite big with lots of woods around. I have to upkeep 2 houses plus surrounding terrain. We have to pay taxes
and since my father's death the taxes
are shifted to me. And I am not getting any younger.
I want to get rid of at least one house and would like to buy a studio for myself on the Atlantic coast, or the Med, whatever becomes practical.
A good quality boat can alway been sold or I rent it out.
But you might be right, it might be no good idea after all.