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Yachting Monthly's Scuttlebutt Chat about cruising, debate this month's hot topic, hosted by Yachting Monthly magazine.

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  #1  
Old 01-12-04, 11:23
Hurleyburly Hurleyburly is offline
 
Join Date: May 2003
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Default House Value vs Boat Value

Curious about the relationship between the two.

I'd guess for most raggies - boat about 25% of house 100K boat, 400K house?

MoBo's 33% - 250K boat, 750K house ?

Average age for buying first boat 30ish ?

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  #2  
Old 01-12-04, 11:27
piscosour piscosour is offline
 
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Default Re: House Value vs Boat Value

I wish!

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  #3  
Old 01-12-04, 11:38
MoodyNick MoodyNick is offline
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Default Re: House Value vs Boat Value

Not going to give you specific values on this forum. However, your estimate of 25% is far too high IMHO, eg by a factor of 2.

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  #4  
Old 01-12-04, 11:51
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capricorn capricorn is offline
 
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Default Re: House Value vs Boat Value

Not going to give personal specifics either but agree with BigNick.

I think for 30 something boat owners the ratio is more like 10:1.

A lot of new boats are bought by newly retired folks either with a pension lump sum or by downsizing homes in which case the 4:1 number might be more realistic.

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  #5  
Old 01-12-04, 12:12
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AndrewB AndrewB is offline
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Default Re: House Value vs Boat Value

For liveaboards, the ratio = infinity:1 in favour of the boat. That should move the average up a bit!
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  #6  
Old 01-12-04, 12:18
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machurley22 machurley22 is offline
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Default Re: House Value vs Boat Value

First boat 50ish. Ratio approx 40:1. Yours must be similar if the username is anything to go by surely?

Dave

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  #7  
Old 01-12-04, 12:25
ChrisE ChrisE is online now
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Default Re: House Value vs Boat Value

We're about the same as BigNick (ought to be little Nick, he's smaller than me!). BUT if you add all of the money we've spent on her over 10 years the ratio is nearer to 60:40 house:boat!

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  #8  
Old 01-12-04, 12:55
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ParaHandy ParaHandy is offline
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Default Re: House Value vs Boat Value

well .. you're not just not up with the blairs are you .. ? with the help of a conman and cherie's tears you didn't buy two flats at c£250k each in bristol for the kids student days and (kicking the brats out) rent them out to a defence contractor who just happens to have just been paid £20m to ensure our army doesn't get sent to war again with **** equipment. the execs who are doing this now have somewhere to sleep at night but at a cost (if achieve rent similar to others) of c£25k pa each flat ...

oh what a surprise .. the same company's building two new boats for us (aircraft carriers) ... so the ratio is £4bn to £25k in boaty income terms or £250k in boaty capital terms per boat. very cost effective, don't you think?

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  #9  
Old 01-12-04, 13:06
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tome tome is offline
 
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Default Re: House Value vs Boat Value

You're a cynic!!

All very true, nonetheless. Good old Thales - bet Tony and Cherie get a bit more than the crappy 2005 diary they sent me.

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  #10  
Old 01-12-04, 13:14
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ParaHandy ParaHandy is offline
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Default Re: HMS Blair ...

heaven forfend ... i'm no cynic but why not go the whole hog and name one HMS Jack Straw (well, if condaleeza can get a boat named after her, why not him) and t'other HMS Cherie Blair ...

did wonder if those wonderful french engines so beloved of Mirrelle (v. efficient single screw and v. slow - the pyschiatric equivalent of an ASBO) will be fitted as Thales is a french cpy ....

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