SailNet Community - View Single Post - "Buyer's Market" - any data to back it up?
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post #25 of Old 10-02-2008
Zanshin
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sander06 - the current bank problems have hit the U.S. and haven't impacted the rest of the world as hard, there are plenty of buyers out there with money, and with the US$ exchange rates being low, their money goes a lot further these days as well.
The European boating forums are all abuzz with people looking at the US used boat market. Australia is still booming and boat prices there are ridiculous. The erstwhile eastern Bloc countries are oozing cash - but they are still in the conspicious consumption phase and go for big powerboats, preferably new.


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