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P.Fritz
 
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"WaIIy" wrote in message
...
On 21 Mar 2005 08:38:28 -0800, wrote:

Some folks might find it of
great value to unload their used boat fast at a very low price. Other
folks might never be able to live down the perceived loss of their
initial investment and prefer to wait for an imaginary buyer, leaving
the task of selling the boat to their heirs upon their demise. So the
real market price would be what two rational people, a buyer and a
seller, come to agree upon as a fair and "rational" price based upon
costs incurred by the initial owner, costs which will be transfered
with the purchase to the next owner, with some allowance for emotional
attachment of either party distorting the mix.


Well said.



He is missing one important part of the mix.....the supply and demand for
like boats....what may be a 'fair and rationale' price goes out the window
when there is a sudden influx of newer boats being dumped on the market by
laid off dot com'ers. :-)