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15 years from now: Cat costs?
Why, exactly, does a typical cat cost so much more than a monohull? Is the extra cost purely a function of extra construction costs, or is it also a matter of reduced supply and excessive demand? Is it a matter of economies of scale, with not enough cats being produced to allow manufacturers to really trim construction costs?
Obviously, a 35 foot cat has about twice the space of a 35 foot monohull. But does that mean it uses twice the fiberglass? Twice the man hours to mold? Twice the equipment? Sure it has two rudders and two engines, but it still has the same number of helm stations, the same number of electrical systems, the same number of masts, the same number of sails, one galley, one windlass, one set of ground tackle, etc.
And yet cats can be four or five times the cost of a monohull.
If the cost is being skewed by the supply/demand ratio, what do you see happening in the next 15 years? Seems to me a lot of new catamaran builders are emerging, and they are capturing more and more of the cruising and chartering markets. As all of the cats built in the 90''s start coming out of charter, will prices begin to dip? Or will demand continue to rise so quickly that prices of cats compared to monohulls actually continues to rise?