Quote:
Originally Posted by AusCan
I'm rethinking the question "Is boating for the rich?" on my second visit to the thread.
Maybe it is.
I goes it depends on your perspective. There are some parts of the world where only the "rich" have dugout canoes.
Many people I know wouldn't be able to afford the boat I have. Not the initial purchase price, marina fees, repair bills. Even a tank of fuel may take a substantial percentage of their discretionary spending for many who are struggling with a mortgage, a low paying job, and a young family.
Maybe not for the rich, but for the "comfortable".
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Most people grow into boating. They may start on a lake or in a protected area, buy a small used boat for $10,000 and use it for their young family to enjoy. May trailer it. Cost of ownership low as they use it 40 hours a year. Then they may buy their first new boat as they get a bit more money, maybe $30-40,000. Then more may come after the kids are through college.
And for the 3.6 million making minimum wage or less even in this country, a boat is the furthest thing from their mind. Nor are the 8.7 million unemployed thinking about boating.