There was a discussion of this subject on the radio
yesterday. One of the brokers interviewed pointed out that a lot of boat
buyers were financing
their boats using their homes as collateral. I would hope that someone buying
a $100,000 boat is smart enough not to get into an unconventional mortgage like those affecting the subprime market but some spill over might be expected. I'm sure that a lot of buyers use their homes because it is easier to finance an old house than it is an old boat. For years Texas
law did not allow for certain types of home equity borrowing but that changed in the last decade. I suspect somewhere, someone is loosing their trailer
house because of their bass boat.