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Forum: Liveaboard's Forum

08-08-2020, 13:55

Replies: 188

IS CRUISING DEAD or DYING, STABLE or GROWING?

Views: 19,686

Posted By zboss

Re: IS CRUISING DEAD or DYING, STABLE or GROWING?

Based on the latest fed data, people ARE up to their eyeballs in debt. However, the trend since Q419 is a downward trend in debt levels. People may be saving up cash and not spending as freely. Maybe...

Forum: Liveaboard's Forum

08-08-2020, 05:36

Replies: 188

IS CRUISING DEAD or DYING, STABLE or GROWING?

Views: 19,686

Posted By zboss

Re: IS CRUISING DEAD or DYING, STABLE or GROWING?

That's a good data point - I wonder what the cost of boats paid with cash are vs. the cost of boats mortgaged. I suspect that lots of newer boats being sold under mortgage are really expensive.

Forum: Liveaboard's Forum

07-08-2020, 16:50

Replies: 188

IS CRUISING DEAD or DYING, STABLE or GROWING?

Views: 19,686

Posted By zboss

Re: IS CRUISING DEAD or DYING, STABLE or GROWING?

Boats are flying off the shelf because interest rates are so low. Banks are lending like crazy.

This doesn't mean cruising is a trend... it just means more people are buying boats. I'm not sure...

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