Originally Posted by mad_machine
I personally think a lot of this extends from the price of new boats. Many of them cost the same or more than a small home. And for that you get 40 feet by 12 feet of "space" not all of which is living space. If given the choice between a house and a boat, which do you think most people would buy?
I don't think I know anyone, young or old, who buys new boats. Of the over 80 sailboats on my dock I think only one of them was made in the last two decades.
I don't even think that the sailboat manufacturers going out of business is completely a result of a shrinking sailboat audience (though that is some of it). It's just that there it's nearly impossible to figure out a financial reason to buy a new 30' cruiser/racer boat for over $100k when you can get a great 30 year old used example that needs little work for $15-$25k (or a nice example that will need a repower in the next 5 years and new sails now for much less).