Why U.S. Boat Sales Are Booming

Every year, about a third of Americans spend at least some time on a boat. In the landscape of recreational power sports, which includes boats, some categories have seen their fair share of struggles in recent years. But boat industry revenues have been mostly growing. Boat sales have seen a boost during Covid, but some analysts think the growth is poised to continue.
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Why U.S. Boat Sales Are Booming

[@rogerver451]

SUCCESSFuL PEOPLE DON'T BECOME THAT WAY OVERNIGHT. WHAT MOST. PEOPLE SEE AT A GLANCE_ WEALTH A GREAT CAREER, PURPOSE IS THE RESULTS OF HARD WORK AND HUSTLE OVER TIME.

[@mikephilip5737]

Yeah! I agree with you sir

[@mikephilip5737]

That's true most people today have been having a lot of failures in forex and crypto sector because of poor orientation and bad experts

[@sophiafischerfischer2723]

I did invest with her and I made huge profits

[@sophiafischerfischer2723]

I saw the recommendation but I didn't bother chatting her up I keep loosing teally i still don't understand how the forex market works tho

[@larakeller7720]

my cousin recommended her to me. He has been investing with her for some months now, but he earns just 60% of whatever he invests in a week which i think its too low,

[@DougAlesUSA]

Thank you to all those people financing your purchase of your first time, new boat at never-before seen prices. After you experience the short season, short supply of slips, high cost of maintenance, need to constantly clean, and on-water navigational frustration, and people exit this fad in volume, I look forward to purchasing your rarely used boat in three years at half the price you paid.

[@justrandomthings319]

Good point. It pays to be patient.

[@beddythecorgi4269]

Same for all the newly minted kayaking enthusiasts. I'm waiting to upgrade when all those people realize the kayak in thier garage hasn't been used in 3 years. Looking forward to a peddle drive option I can't afford new that will be nice and cheap used and with very little use.

[@sqlb3rn]

People been making this same comment about guns, music gear, and "insert hobby here". Hasn't happened, could be a long wait.

[@beddythecorgi4269]

@@sqlb3rn a gun is at most a few thousand dollars and takes up minimal space AND you don't get a personal tax bill for it each year you can't "hide". I struggle to find a hobby that is analogous to th expense and maintenence of boat. People who buy three 4k peddle kayaks for example aren't forced to have a license to operate it and likely dont self declare their kayak has increased thier taxable personal property. Even so when those people store 3 kayaks they don't use eventually they decide they want the garage space. The boat market will have a much shorter drop onto the market due to the fact 3 kayaks can be creatively stored but a big hulking boat likely can't be stacked mounted or suspended in the garage to free up space.

[@sqlb3rn]

@@beddythecorgi4269 "I struggle to find a hobby that is analogous to th expense and maintenence of boat." private pilot?

[@zacharyoliver5332]

I'm a marine mechanic and I can agree here. It's got nuts

[@serenitycoastUK]

I brought a boat in the UK for a place to live. House prices here are a joke

[@williamroberts7919]

what did you buy.

[@serenitycoastUK]

@@williamroberts7919 It's called a Jeanneau Sun Odyssey 40 the 2002 3 cabin version.

[@chrisbrown4380]

I did the same. A 2008 Beneteau Oceanis 43, two cabin.

[@mohammed5864]

This channel is literally answering questions I never asked, and I'm all for it.

[@JohnHighmerSmith]

Yes, like why women are now able to get into boating, 6:40

[@153ichthus]

1:54 - "Fiberglass construction generally makes a boat more stable and less likely to drift." As a naval architect and boat designer, that's a statement that make me go "Huh? Whaaat??"

[@varietybacon6969]

ikr i have no idea what the narrator was trying to say haha - i love how he mentioned this AFTER he already mentioned “saltwater fishing boats” like BW and GW

[@peterkacandes5905]

Clearly the script was not written by someone who knows anything about boats.

[@eb6195]

My intuition went huh? too. In my area aluminum boats (under 18' (5.5 meters)) are popular mostly for the rivers and lakes and a bit on the ocean, but not far out.

[@rob1113]

I am possibly the cheapest SOB alive. Never do anything. Just save and plan for retirement. Always dreamed of having a boat someday, but thinking it’d never happen… then 2020 happened and I realized how fragile life is and how fast it can all be taken away from you. I bought my first boat, brand new last year. And haven’t regretted a single second. I Love it and wish I had done it sooner. There really is a freedom you can only feel when on the water.

[@RealityIsTheNow]

Freedom if you don't have payments, I guess.

[@BlackMamba-lt8oe]

@@RealityIsTheNow what freedom

[@RealityIsTheNow]

@@BlackMamba-lt8oe Freedom means you do what you want. Meaning you don't have to work and make payments.

[@BlackMamba-lt8oe]

@@RealityIsTheNow that means money makes money for u, the intrest rates banks gives on savings is like 3% , where to invest for freedom

[@RealityIsTheNow]

@@BlackMamba-lt8oe No, banks do NOT give you 3%! Where did you hear that? Even the best CD is .7% right now. For retirement you are collecting dividends from your portfolio. Banks haven't paid in a very long time. As my portfolio shifts towards income over growth as I near my target retirement, the yield winds up somewhere around 5%. Which is fine. If I want more income I can just take out an annuity instead. You need a basic personal finance class. Investment takes time...I've been doing it since I was a teenager.

[@papasquat355]

Sadly, too many of these new "captains" have no clue how to operate their new boats. Waterways are getting incredibly dangerous.

[@pedrorequio5515]

Don't they have to be licenced?

[@papasquat355]

@@pedrorequio5515 Some require only an online boater safety course. Some states don't.

[@pedrorequio5515]

@@papasquat355 But if you are sailing to other countries, are those licences recognized

[@papasquat355]

@@pedrorequio5515 There is no license needed to sail around the world. Training is highly recommended, but there is no requirement for recreational boaters.

[@pedrorequio5515]

@@papasquat355 my country demands a licence, not unlike a car licence, there is training and etc, doesn't insurance demand such things?

[@gigs313]

“...especially when boats can cost as much as a car.”.....Ummm, I wouldn’t stop there.

[@Interkairos]

Yes, boats can cost more than your home.

[@pickopenforever4206]

More then a car

[@MaxwellMax]

@@Interkairos They can cost more than a home in Santa Monica.

[@Avantime]

The best boat in the world is the boat your friend owns.

[@sqlb3rn]

The best friend in the world is the friend that chips in on gas.

[@georgematos1086]

@@sqlb3rn or they stay and help clean it after or how about bring their own food and drinks, oh I GOT GO ON!!😅😅😅😅😂🤣

[@flappingflight8537]

Here one more :) isn’t mine! Boat owners are happy twice, once when they purchase the boat and second time when they sold it :)

[@professormoptop]

Or the one you live on

[@thewhomphlew]

@@sqlb3rn nope, marine diesel mechanic.

[@bockjess]

This is just a sales analysis. The reason people are buying boats is because nobody can stand sitting in their stupid apartment anymore. STOP IT. You clowns are jacking the rates at marinas everywhere which sucks for those of us who actually live on our boats. The upside for everyone else is in a few years all these same clowns will realize that they have no idea what it costs to maintain and keep a boat in good condition and there will be a glut of poorly maintained but fairly new boats flooding the market. Wait to buy until then.

[@carfreeneoliberalgeorgisty5102]

The 1st major city I ever visited in the US was the city of Boston Massachusetts and I remember being surprised at all the Yachts and private tennis courts I saw while riding the Boston underground. You have to be pretty elite and wealthy to live in Boston, at least that's my impression.

[@jayablec]

Try Shenzhen

[@hydrolifetech7911]

You have to be pretty deluded to think anyone will be able to pry Hong Kong out of China's hand. The century of humiliation for China is over and you better get used to it! And BTW, I am not Chinese and also not a fan of CCP. I am against Western imperialism which has killed and maimed hundreds of millions around the world and robbed and humiliated hundreds of nations

[@kirk2767]

You saw yachts and tennis courts while riding the Boston subway?

[@carfreeneoliberalgeorgisty5102]

@@kirk2767 yes. I can't remember what stations they were but the trip was from downtown Boston to Cambridge.

[@christopherfarrell9227]

Well, I can tell you were nowhere near Kent or South Boston.

[@FRv4S]

Motorcycles sales are NOT down, in fact Ducati and BMW keeps making record sales in the last 5 years. On the other hand Harley Davison sales are declining a lot for several reasons.

[@TheCed5000]

When a boat is new the maintenance is cheap. But once the 5 year mark comes the cost of maintenance screams up.

[@Sylvan_dB]

Boat: A hole in the water where you pour money.

[@b.cdrisk2035]

Bust Out Another Thousand

[@nyhammer1]

And enjoy life ...

[@dnomyarnostaw]

The two happiest days of a Sailors life. The day he buys the boat, and the day they sell it.

[@jeffshackelford539]

All boats are fords. Fix or repair daily.

[@leroyfinch5554]

Broken or About To

[@chrishill9715]

Give all of these new boat buyers a year or three of boat maintenance/upkeep experience coupled with new boat manufacturing coming back online and I wouldn’t be surprised to see a glut of used boats hit the market in a few years.

[@harrycooper5231]

If anyone is interested in a buying a good cheap 2nd had boat, this is a good thing. In five years the market will be flooded with boats that were used used twice a year for a few years, until someone gets tired of thing the associated work and problems along with it clogging up the driveway..

[@DistantBeat]

To bad CNBC couldn't find a writer for this segment with even a basic knowledge of boating !

[@jasongrinnell1986]

That’s why they are at the top with fake news!!!!!

[@tomlxyz]

@@jasongrinnell1986 wow, that's so typical. Blaming someone for so many things that they can't all be true. Either they're fake news and intentionally misleading or they don't know what they're talking about. It can't be both

[@calcrappie8507]

Good living used to be a 14 foot aluminum boat with a rope start 18 hp Mercury on the back. Now it's a 40+ foot Nordhavn able to cross the Atlantic.

[@carolanneschlussler796]

I have a 16ft Lund with 25horse four stroke

[@cagedtigersteve]

I just watched a 12 minute video to convince me to buy a boat. I live in Wyoming.

[@chiquita683]

I learned nothing and I watched this twice. It's just random facts thrown together. Wth

[@crazymdrive]

Just remember that if you build boats and can't get a steering wheel it's a problem. 🤣🤣

[@Backnine907]

My husband and I have been trying to buy a nice used live-a-board cruiser. As soon as a boat gets listed in decent shape, within days it's gone! It's absolutely crazy.

[@realhusky]

Yep I bought mine about a year ago at the bottom end of prices. I'd sell mine now if it wasn't my home

[@buttrumpus]

The “incredibly expensive features that take the thinking out of piloting a boat” connection to why women and minorities are getting into it is the most white guys that own boats argument possible. This video is missing a huge reason younger people are sailing now. All of the power boats they keep showing are expensive AF, have high operating costs and will get you nowhere while being uncomfortable. There was a massive sailboat boom in the 70’s and their original or even second owners can’t maintain them anymore. A boat that can get you from L.A. to Hawaii or from Florida to the Caribbean for free can be had for less than the cost of the new jet ski you’re talking about. Younger people who can do the work are finding an opportunity for freedom they’ll likely never get because retirement isn’t an option and they’re taking it.

[@johngilbert1325]

yep. The sailboat market has been dying for well over a decade since before 2008, and boomers are continually retiring from sailing to expensive cruisers/trawlers they can actually use. a few years ago, you couldn't give away a decent, working 35-40 foot sailboat. Problem is those 1960s to 1980s boats are getting long-in-tooth- even the good ones- a few years of yard fees to keep it in the water will equal the value of the boat. Even top-end boats saw their prices drop like rocks before covid. I've watched decent to great sailboats sit on the market for the better park of a decade. But millenials are starting to buy into these bargains- now that they have a little money to spare (but no where near what their boomer parents had in disposable income back 30 years ago).

[@pac7025]

Popular culture has adopted boating as a high-end recreational activity. All the young women now want to go out on yachts and party and the guys now want to buy yachts to impress women. Boats like cars are becoming the new shiny trinkets to impress people.

[@j887276]

It's been like this for a long time. 20 years ago I remember my parents saying boats are for people with money, rich people, etc.

[@Parker307]

Because of the implication

[@danielsoutdoors]

Kinda true

[@giantlabs]

Not jelly but every time I see a woman take a cliched photo of herself laying on the bow in a bikini, I cringe.

[@silverfranklin508]

Investment are stepping stones to success, investment is what create wealth

[@jessicamolly9733]

When you invest you're buying a day you don't have to work

[@gwencaster8470]

@One Big Happy Life You're right, one needs to diversify to have different streams of income

[@hanksflowell2994]

It is better to put the price of discipline than to pay the price of regret tomorrow and make the right decision to join the winning team today

[@hanksflowell2994]

I'm enjoying investing under a platform that brings good returns in my life and I have been making my weekly returns without stress all with Mrs Michelle

[@meetmicheal1254]

I'm from Spain I have been an Investor in the crypto market for over 2 years now

[@RadicalforGod]

Sales are booming everywhere yet the economy is not doing good.

[@Trtevoorryu]

Low interest rates are my theory

[@VR6NAVYVW]

I think youtube has grown the industry. You see channels like SV Delos having amazing adventures and Sailing Parlay which is a hurricane wrecked repair catamaran channel. Shows how you can get in more affordably if willing to put in some labor. Not to mention with the politics going on in this time, it may be nice to travel a bit.

[@ralphholiman7401]

I think the same. They have romanticized and idealized the idea of living and cruising on a boat and a lot of people are looking for an escape (Jimmy Buffett made a career of catering to this feeling). Some will be glad they did, and some will be selling their boats a year from now. We go on long trips on our boat (like to the Bahamas), and it can be quite the fun adventure. But, not always!

[@ezHiker35]

My solution is to own a really old, cheap boat. 1990 Bayliner with an outboard that's even older. Costs almost nothing to operate except for gas/oil. Not fancy but gets me on the water having fun.

[@justtestingonce]

Aren’t sailboats bigger and cheaper?

[@cwalke32477]

I have a 1980 Catalina 22, that I restored during the course if the lockdown.

[@eb6195]

I have watched my neighbor restore an old alumininum fishing boat. However, he really knew what he was doing. He is a retired engineer that had lived on a boat for 7 years previously.

[@GUSCi-BDE]

i have just searched the cost of a boat its really expensive

[@RadicalforGod]

Owning a boat, part of the American dream.

[@aaap3875]

The American Credit Card Company and Banker's dream.

[@sonnydixonvideo]

@@aaap3875 I don't follow. No one's forcing you to go into debt. But if one does finance, keep in mind the millions of "regular" folks that own stock in those credit card and banking companies. It enriches their lives, making their dreams come true when other "regular" people finance boats, cars, homes, and so on. Don't be so judgmental, especially if you are not an American.

[@rmcnabb]

@@sonnydixonvideo No you don't understand - it's mean to ask people to pay for things and it's also mean to loan them the money to buy them. Things should just be provided.

[@harrycooper5231]

@@rmcnabb If healthcare is an example, then you are 100% correct.

[@mvinfinity5002]

@@aaap3875 unless you pay cash

[@eradicator187]

Since I don't have to pay my rent or student loan payments, I was able to buy a brand new Mastercraft ski boat. I got it for 118,000 dollars. 😀

[@pharma37]

Glad to hear it! Keep on killing it😎

[@rainmaker3700]

That's the American way.

[@robertmunafo5039]

Great, glad to see you're enjoying something on the backs of everyone else being responsible and paying their debts.

[@eb6195]

Amazing what debt can do. Although the bank actually owns it.

[@shr2000]

Roads are full so may be they are trying the same for the sea routes🤷‍♂️

[@shr2000]

Joke

[@gorilladisco9108]

The reason: lots of people went to the sea to escape zombies.

[@thomasklein4265]

I bought a gently owned 1986 31 foot Sabre sailboat in 2004 and had it trucked from the Great Lakes to San Diego, Despite it’s age it looked like a new boat, and it had a new Diesel engine, and every option and two sets of sails, I loved that boat, and used to enjoy just sleeping on it, but then 2008 hit and I had to sell it in 2010 due to financial concerns, so not everyone that sells a boat is happy

[@H2Olover68]

Studies have proven that people who boat have a better life ( health scores, enjoyment & happiness index)

[@jameswalker590]

Probably also related is they tend to be wealthier...

[@H2Olover68]

@@jameswalker590 to some pint yes,,,but interestingly>70% of all boaters make less than $85,000 per year.

[@harrycooper5231]

That would likely be skewed by wealth, and any peer reviewed study worth it's weight would have grouped down the numbers by income. Could you please link one of these studies you read.

[@gorrilaunit99]

*Anchor in International Waters and Never Pay Taxes*

[@redwolfexr]

Except the IRS taxes you no matter where you are. There is no escape. (we are the only country that does this.. 'merica) We tax everything you earn, everywhere. Unless you are rich and have good accountants, of course. Or are a big company.

[@OpiumBride]

@@redwolfexr well u can always give up your citizenship

[@redwolfexr]

@@OpiumBride Actually... you can't do that either. But keep trollin!

[@phillipphil1615]

@@redwolfexr hi Daniel, actually you can but the state department makes it very difficult for a citizen to give up citizenship.

[@redwolfexr]

@@phillipphil1615 You have to have a replacement citizenship first. That is the actual hard part. At least for most Americans. The part at the State Department isn't that hard - but they will not allow you to become a "Stateless Person."

[@kylemcconnaughey4611]

Boat stands for Break Out Another Thousand

[@DanPereda]

Boats cost hell of a lot more than a car.

[@cwalke32477]

There's plenty of cheaper options.

[@djgraysoundandmusic]

Let me drive da boat

[@halojeff1]

i too want to drive da bote

[@thetakarko]

Buy one to keep it on a driveway and take out once a week only if the weather is good. Also cost as much as car.

[@pharma37]

How big is the driveway though?

[@paulkersey2179]

I have owned 3 previous boats and waiting for my 4th to be built, all, the best money I ever spent.

[@mickmccrohon]

are 'previous' a good brand of boat?

[@JohnMiller-ub8dy]

As with most investments , when i hear so called professionals pushing boats i will take what they say as lining their own pockets .

[@SD-tj5dh]

The answer is clear: We see the state of the world and know another flood is on the way.

[@jay3744]

Nice boat for 40k ~ 50karound . A lot more cost than cars for ownership of boat.

[@smoothiegreenburg6065]

50k does not get you much anymore, center console fishing boats within 5 years of age are 100 and up. my brother just paid 150 for like a 32ft(?) regulator

[@jay3744]

@@smoothiegreenburg6065 Haha that is not my point !

[@eugene44569]

The best boat is not yours- sun tzu art of War

[@Bubbles99718]

Applies to pools as well

[@eugene44569]

@@Bubbles99718 yep

[@Bubbles99718]

Used to have a boat. A few rules: pitch in on gas bring beer and plenty of it bring a girl. Bring 1 skip the gas. Bring 2 skip the gas and beer Come empty handed and enjoy the dock

[@dennis771]

I purchased my first boat a few weeks ago, a bayliner for $8k; the expensive are but it’s worth it.

[@ShakespeareCafe]

2 happiest days in the life of a boater. The day you buy your boat and the day you sell it.

[@sstevenson638]

can't hear it. Sound volume of main narrator is too low and my volume is tuned up all the way.

[@bicyclist2]

I would love to be able to own a boat some day. I got to go water skiing and sailing as a kid. As I had a chance to go to summer camp in Maine and Michigan growing up. Thanks.

[@mboyer68]

One interesting fact is that a small fraction of registered boats are pwc's but pwc's account for a extremely high rate of both accidents and deaths of boats.

[@RealityIsTheNow]

Really? Boats are powersports? Tell that to my sailboat.

[@joecucch8261]

Boats can be used to escape a country that is self destructing due to a corrupt two party political system, both with their greedy hands in the till.

[@johnm5714]

The new boat I want is a 23’ Grady White 232-that’s a 23 foot walk around with 2 outboard engines…it’ll cost damn near $200,000 so unless your comparing boat prices to Lamborghinis you may be a bit off target with that information

[@1BlackopsGuru]

the average first time boat buyer is not buying a 23 foot dual outboard watercraft, they are usually buying 15-17 foot full windshield aluminum fishing boats or fibreglass bow riders/tow boats for water sports between $25-50k

[@johnm5714]

@@1BlackopsGuru depends on where you live sir…the city people bought every damn boat new or used they could in my region during the Wuhan.there’s almost zero inventory here in the NE

[@johnbee7729]

Lots of videos out there about the latest upwardly trending purchase and the shortage of commodity v, w or x. What is missing is the video showing how much wealth is out there in the average household. OR at least the high level of confidence that the average person has in the economy. Gotta have money to buy or rent these things.

[@TheLiamster]

I don’t own a boat, I own a mega yacht.

[@MoPoppins]

I think I’d only want to own a boat if I lived on it. I really hate having any extra maintenance (because neglect is not an option), so it’s best for me to keep my life streamlined, in terms of ownership of material possessions. If I wanted to get out on the water, I don’t think it’d be to just sit out there. Maybe a jet ski would be more fun.

[@percivalgooglyeyes6178]

With the new technology, if you can play a video game you can now dock any size boat no problem.

[@conductingintomfoolery9163]

Rather buy a 38 foot catamaran for ocean crossings rather then a house. If I have the money

[@amandamccallum6796]

In my area it's camping trailers that are selling like crazy as people decide to vacation closer to home or avoid flying and hotels.

[@MsGenXodus]

Welp, since the sea levels are rising, I suppose owning a boat is not a horrible idea.

[@MeaHeaR]

I've got a little oné, a 14 foot Fibré - Glass Stejcraft thatt I can trailér behind my Commodé

[@Helaw0lf]

I put this up there with golfing in desert regions. Unsustainable when bad times are around the corner.

[@Drew-eo2oj]

When the crap hit the fan in 2007... you wouldn't believe the fire sale on new boats at the Annapolis boat shows.

[@RyanFlyinHigh]

The great lakes are absolutely not landlocked. There is a diverse connection of canals that allow you to navigate safely and effectively between Lake Michigan and the St Lawrence River east of Lake Ontario. It would take you a few weeks bur the great lakes surely are not landlocked in any way

[@sqlb3rn]

I heard every new boat sell comes with a complimentary trump flag and maga hat.

[@thckitchen434]

You heard wrong... alot of Trump voters make less than 50k a yr

[@boscbosc7039]

Fibreglass is not cheaper than aluminum for an equivalent boat as stated in the video.

[@user-od2qr1xb3j]

sound is a little small. please volume up.

[@cwalke32477]

Love how me, a bald guy, is getting ads for haircare products. Hey Google...if it ain't a razor, I don't need it! Lol

[@RyanPurcell]

I went from a video about coal miners striking to why boat sales are soaring during a pandemic. Pitch forks will be coming out more and more. Edit: spelling

[@williamroberts7919]

Same here in the UK, money pouring the counter were i work, North Wales

[@AGGELIAFOROS]

Because of the expected sea level rise due to global warming?

[@sirlancelot3109]

I have a motoryacht, a racing sailboat, an offshore fishing boat, an aluminum fishing skiff, two racing sailing dinghys, three RIBs, and a rowboat. Boats are like golf clubs.

[@ntexpert]

If it Floats, Flys, or F*cks, rent it :)

[@drabdulbasitkhan4578]

poor voice quality in this video

[@brbhave2p00p4]

Americans have a wonderful country I’m a little jealous of

[@champanzee6486]

And Americans still complain about their country and want to leave. Lol

[@gregpeterman1102]

No, a small aluminum boat does not cost that much.

[@macbookpro57]

Boats, rv’s, cars, houses are all skyrocketing in price because of the pandemic. So many people going into debt for impulse purchases like these (except for a house) and it’s just getting worse. Hopefully the markets calm down once covid is gone

[@craiglarge5925]

Stay away from Stern drives that are more than 7 years of age, especially those sit in the water . Rust and corrosion are always a concern. Simpler the better. if your going offshore a distance twin engines are the way to go if your budget allows. Boats are not cheap . Expect to pay about 45, 000 dollars for a new 19 foot boat or even more. There are fewer boat manufacturers than back in the 1970s', also fuel prices at marinas are very high. Oh yes, it is nice to be out on a cruise for a few hours with the wind the sun and some pretty scenery

[@vicentvanmole]

What people may notice wealth unbalanced ..When higher the #of virus death,the higher the stock price.when more people become homeless ,the higher the housing price.the higher the inflation,the bigger the trade war ,politician going after other countries.

[@randyscott3386]

Yeah that's what we do as Americans . We buy stuff .

[@Scott-by9ks]

I think the manufacturer's could diversify not just in parts and service but also in Marina themselves. There seems to be a general lack of and mismanagement of marinas in America. Particularly live aboard marinas. This is where I think there is going to be amazing growth over the next 10 to 20 years. With remote working and the sheer number of baby boomers retiring allows people to live anywhere and to live different lifestyles. We have already seen this in the RV living boom. And I think we'll see it in live aboard boats as well. I would focus on States with no income tax, large bodies of water, and that are friendly to boat owners. Having a more agreeable climate helps as well. These would be States like Tennessee Texas and Florida.

[@eb6195]

Fed tax gets taken out the same no matter what state you live in.

[@benjaminallen2370]

“As much as a car”… haha many (most?) cost much more than that.

[@mickmccrohon]

The word 'economy' is to be replaced with 'rich men's new yachts'. Examples:... "We don't have to sacrifice a strong (economy)'rich men's new yachts' for a healthy environment. ... "The (economy)'rich men's new yachts' is the start and end of everything. ..." "Through hard work and education, we can deliver a strong (economy)'rich men's new yachts' and opportunity for all.

[@vetdoc35]

A Bayliner 17 new in the 90' there where 8-10k. Today a Bayliner 17 new is 20-30k. Crazy!

[@danschroeder1690]

Not only that, Bayliner is the worst boat ever made.

[@fraudsarentfriends4717]

I'll just use the tour boats and charter boats to get my fix.

[@npc2480]

People are trying to leave the titanic called the United States.

[@johngilbert1325]

Fiberglass construction is more stable and less likely to drift and aluminum boats are cheaper to build. If only any of that were true.

[@matthewgrice5411]

It was nice to see a CFO (Rayn from Brunswick) in a normal office, I had to check seems like a normal guy even if does have a Law degree. So many boats out there and it seems like all the delayed events are limiting there use, we keep going to weddings and others things we did not do last year.

[@nbachamps5]

Videos starts: "Almost half the people in the US live in a county the touches a coastline". Yeah thats wildly incorrect.

[@michaelgain5041]

Because people don't care to retire anytime soon.

[@koreynicholson505]

Two greatest days of owning a boat, the day you buy it and day you sell it.

[@jacolen3791]

Dumbest quote ever. Who ever came up with that had to be a golfer or something, definitely NOT a true boater.

[@robertmunafo5039]

@@jacolen3791 agree, owning boats most of my life and I've never regretted it. Is there maintenance involved? Sure. Are there more costs involved with owning a boat? Sure. Is it worth it? Damn right it is!!

[@aman4189]

Tesla needs to really consider into going into this industry, not necessarily under Tesla brand, this industry has unlimited potential, and in desperate need of technological advancements

[@r.fumador1146]

serenity yatchs silent yatchs or you can fit an electric engine like oceanvolt on a normal boat

[@Trtevoorryu]

It's easier to just join a yacht club. Less work

[@Drew-eo2oj]

Clubs are a great alternative to owning. I've sailed as a member of a club in Annapolis for over 15 years, have access to boats 365 days, can pick from a half dozen different types of boats on any given day... all for a little more than the average cost of a slip for a 40-foot Sloop. Yeah I'd say it's a pretty nice deal.

[@eb6195]

What is the typical cost of membership?

[@johnhanselman6371]

Water people are better than land people

[@TriPham-xd9wk]

It is cleaner on a boat life than in appartment

[@onenikkione]

Because some people haven't paid rent in over a year so why not buy a Boat

[@a.boss.__09]

Dirt bike sales are booming right now Quads , three wheelers , dirt bikes it’s crazy

[@eugene44569]

Yep I heard that. People in the hood ride dirtbikes without helmets going 50 miles an hour. I've drove past it and I almost got hit by one. Bicycle sales are also booming.

[@a.boss.__09]

@@eugene44569 yeah that’s what we do down here in SoCal we race , hit the trails , the hills with jumps you know the deal

[@1BlackopsGuru]

boats are way to expensive for what they are, especially the aluminum fishing boats, and the cost of these outboard motors is ridiculous, a 115 hp merc with controls and rigging is going to cost you upwards of $12,000, the only reason they are selling like hot cakes is because people have been stuck at home and the boat manufactures offer "lifetime" warranties on the hulls so the bank will finance a boat for 20 years now! even the used market isn't much of a deal, I see 3-5 year old boats going for 80% of what a new one is worth

[@eb6195]

I recently realized I could sell my house and buy a yacht to live on. I am just not sure how long they remain seaworthy and what maintenance would cost. Of course, if the boat outlasted me that's all that would matter.

[@TheGooglySmoog]

Umm… where else am I supposed to have an affair?

[@lightningstrikestwice6302]

Have you ever heard the quote? If it flies floats or f###k's rent it!