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oconnjoe

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  1. Thank you for all the replies everyone! Some really interesting points flagged which I hadn't thought about. One general observation I've been able to make, is clearly there hasn't been a obvious 'boat crisis' in the past, like there has been a 'housing crisis', otherwise presumably this would have been mentioned. This provides me with some confidence that the boating market is not the same as the housing market and that the housing market is not a key driver... otherwise we'd have seen boat prices starkly fall in the past! There are of course may new variables happening at once right now that have not happened in the past (Brexit and COVID [remote working/closing of boarder/unemployment]). But from what I can tell (and is a bit of a leap of faith) there are arguments that these events could increase or decrease a value of a boat, so therefore its unlikely that this will cause a massive fall in value! Cheers Joe!!
  2. Hey All, It would seem that the UK in on the brink of a recession/housing crisis, a little like 2008 but possibly worse! I wonder whether there is anyone that went through the purchasing process during the 2008 housing crisis and can remember what happened to boat prices as a result of this? My situation is that I'm currently renting and looking at buying a boat. Therefore my question is simply, can anyone remember/have data on narrow/wide beam boat prices; 1. Before the 2008 housing crash? 2. During the 2008 housing crash? 3. After the 2008 housing crisis? It would be useful if you could also specify the type of boat prices you were searching during this time (i.e. a 5 year old 60ft Widebeam) just to see whether the market was generally effected or whether larger/smaller older/younger boats were more effected. If there's any source of data about (i.e. from AD), that would be great as I cant seem to find much at all! Cheers, Joe!
  3. Hey Guys, I know I'm late to the party but it looks like there's possibly another recession on the cards and wonder whether there is still anyone from the old thread which can remember how the boat market fared during the last recession? My situation is that I'm currently renting and looking at buying a boat. *Therefore my question is simply, does any one remember what happened to narrow/wide beam boat prices before, during and after the 2008 housing crisis?* If anyone has a source of data, that would be much appreciated as I cant seem to find much at all! Cheers, Joe!
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