In 2007, we moved our boat from SoCal's Marina del Rey to Long Beach. Long Beach had a three year waiting list despite MdR having lots of vacancies. Today, there are vacancies in Long Beach too. Even Catalina Island's moorings are going unleased; when I got mine in 2000, I had waited 14 years. Maybe more boats are being cut up than sold but that would be, if correct, a modest contributor. Brokers are begging for listings and there are few repos out there. Slip availability in Socal used to be a big problem; certainly not now. no new marinas either. The prospect for that happening is almost laughable.
So, it seems obvious these boats migrated somewhere. I know some were purchased by folks from out of the country owing to SoCal's lower transaction rates and a weaker US dollar. But that too couldn't have been a big factor.
Anyhow, I have no clue but it is a curiosity. In the 80's recession, I was told 40% of the boats sold went out of state. That was a surprise since moving them isn't cheap!
So, it seems obvious these boats migrated somewhere. I know some were purchased by folks from out of the country owing to SoCal's lower transaction rates and a weaker US dollar. But that too couldn't have been a big factor.
Anyhow, I have no clue but it is a curiosity. In the 80's recession, I was told 40% of the boats sold went out of state. That was a surprise since moving them isn't cheap!