rgnmstr wrote:
IMHO I don't know why anybody would buy a boat slip. First of all most
condo marinas also have annual "condo" fees that come damn near what
the annual rent would be somewhere else. On top of that if the marina
decides to do a big project your charged extra for that too.

And if the docks are damaged by a hurricane, you have to pay
for that. If you go on a cruise, they usually retain the
right to rent it somebody else & keep the money themselves.
Etc etc.

... The big
falicy however is that they tell you that you own it and it will always
go up in value. Hogwash.

Sure. Supply & demand of boat slips goes up and down in
cycles, like everything else. But some people are convinced
that it makes more sense to "own" it and that they *will* be
able to sell it for a profit... and it's possible they can,
but not guaranteed.

Some people seem to have a psychological hang-up about
OWNING things, if you lack this hang-up it doesn't make sense.



.... One of the great things about owning a boat is
that it's moveable and you can take it to new venues anytime you want.


The best reason of all to not own a slip.

DSK

Why do you not really own it? What is the problem with actually buying
a slip rather than waht seems to be a long term lease.