Good to Buy, Bad to sell
There are 2 reasons why it is good to buy and bad to sell. 1) Given the state of the economy and the forecast, it dont look all that good. We are headed to a recession, whether mild or deep, the point is it will be a 'recession'. People will unload unnecessary expenses, and boating will probably top the list. 2) Marina space is slowly becoming a premium on the Gulf of Mexico. More and more marinas are selling out to condo developers. AS space becomes more difficult to find, the prices will rise eventually to the point of being unaffordable to the lower and middle middle income. How soon this will happen is anyones guess. Should you buy now or wait for prices to drop even lower?. If I knew that, I would make a killing on the stock market. If I were to see what I wanted at a good price, I would buy it now. If you keep waiting, you would never even own a color TV. If you find what you want in your area, usually you can get the slip with the boat. That solves a serious problem in some areas. Personally, I think sailing will slowly decline in popularity for the above reasons and also the younger generation seems to be more into high tech fast moving sports. I say....go for it. Tony B
I do feel sanitized, thanks Phil! Have you seen this link? http://www.usauctions.com/ r.w.landau