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Old 03-31-2008
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artbyjody artbyjody is offline
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artbyjody is just really nice artbyjody is just really nice artbyjody is just really nice artbyjody is just really nice
Bob,

1/2 the analogy is 100% on point. The other half is, when you have that kind of money - those monstrosities are tax right-off(s). Most of those mega yachts are owned by businesses and not the actual individual (or in some kind of business partnership). They are usually chartered, or sailed around as means for conducting business, etc...

The good points on the process is that it really pushes the R&D aspects of design.

However, having to personally know a mega yacht owner ... its a toy and what else do you do with the crapola of money one makes, one has to spend it somewhere. They use it for a expected adventure and off they go (but the tax right off is a huge incentive in doing so)... they know they sell at a loss but its part of the rites of passage of being able to say you can do it, 2 years later - dump it on the market... most spend more on the crew to upkeep and staff the yacht than they almost do the payments of such....
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Last edited by artbyjody; 03-31-2008 at 07:10 PM.
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