Re: The Future of Boat Ownership
I think you're probably right. I would also like to point out that millenials have a huge range of sports and activities available to them and are interested in doing lots of activites and not necessarily tying themselves down with boat ownership.
I'm 29 (Tail end of Gen X) and I see alot of the same trends in my own life. Although we could afford much larger, we bought a small house with a small mortgage. We only own one car and do not intend to get another. We paid off my student loans in 2 years of extreme frugal living.
I love sailing and I would love to own a boat, but we can't commit to spending all of our brief vacations and weekends on board. We have too many other things to do. So we obtained the ICC in order to bareboat and intend to do one charter trip per year.
In addition - None of our friends or family are even remotely into sailing. They look at us like we're crazy when we talk about it.