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John Wentworth
 
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wrote:

..and many of them don't have enough disposable income to contemplate
spending the
$1000/month and more it usually takes to own, insure, maintain, and
operate even a modest boat.


I think that depends on your definition of a "modest boat". $1000 per
month over 5 years is $60,000. I would figure that would be at least a
$30,000 boat, certainly a bit more than "modest".
Remember, it's a boat, not a yacht. There are a lot of sub-$30K boats,
the problem is that they are not go-fast boats, nor are they high-end
cruisers.