A 40ft Bohemian? A five year old one will set you back €200k in good condition, and cost around 10% of its value in maintenance, mooring and repairs each year.
People have cars more expensive than that on their driveways.
You’re right, many people don’t make 20k per year. But my point was that you don’t need hundreds of millions to afford a sailing yacht, and I don’t need to be attacked for adding some data to your comment. Perhaps it is you who should get “a grip” on your interpersonal skills?
Sweet just point me to that different job. I’m in central Maine. Since we’re being picky please find one that’s over 60k. I have 15 years in management, sales, compliance etc
…not if you are poor quick check on google. Found the world inequality database. Richest 3% of income is $250k per year usd 240 million people reach this level globally. Richest 6% wealth wise globally is around $1 million usd 480 million people have that wealth which i mean is a lot but that is probably all land and housing. Soooo yeah way less then 1% globally could really afford this boat.
You’d be surprised how many owners of 40-foot “yachts” own them instead of houses and live aboard full-time in order to save money (among other lifestyle reasons).
Boats are typically considered yachts when they are or exceed 24 meters.
A potential buyer of a superyacht with a net worth of around €25,000,000 might consider that 10-30% of their net worth invested in a used superyacht is something that they can reasonably afford, whereas potential buyers of new yachts might want to have a net worth in excess of €50,000,000 to feel comfortable.
It is estimated that around 130,000 people may have this level of wealth worldwide although experts reckon that only a few thousand individuals are actively involved in owning, building, buying and selling the approximately 8,700 motor and 1,750 sailing superyachts over 24 metres that have been built.
First of all, you’re wrong: any sailboat that has a cabin for living aboard, even if it’s a shitty dilapidated Catalina 27 that you buy for $1, is a “yacht.”
Second, even if you were right, don’t bitch at me, bitch at the article writer. They’re the ones who first called it a “yacht,” even though from the video you can clearly see that it’s way smaller than 24 meters.
I found another article about the incident that contained enough information to track down exactly which boat it was: “Oceanview” owned by Nautic Squad Club, a Jeanneau Sun Odyssey 349. Only 34 feet long, yet still described as a “yacht” by literally everybody but you.
This is arbitrary, and just an illustration of how anyone would call what they want a yacht. 24 meters is nowhere required, and this discussion repeats again and again
A 40ft Bohemian? A five year old one will set you back €200k in good condition, and cost around 10% of its value in maintenance, mooring and repairs each year.
People have cars more expensive than that on their driveways.
And they spend 20k a year to maintain their car?
That’s more than many people make in a year. Get a grip.
You’re right, many people don’t make 20k per year. But my point was that you don’t need hundreds of millions to afford a sailing yacht, and I don’t need to be attacked for adding some data to your comment. Perhaps it is you who should get “a grip” on your interpersonal skills?
most of Earth’s popukation makes less than $20k a year
Erm ackshually 🤓☝️
If you’re not making 20k in a year you need to find a different job.
Sweet just point me to that different job. I’m in central Maine. Since we’re being picky please find one that’s over 60k. I have 15 years in management, sales, compliance etc
…not if you are poor quick check on google. Found the world inequality database. Richest 3% of income is $250k per year usd 240 million people reach this level globally. Richest 6% wealth wise globally is around $1 million usd 480 million people have that wealth which i mean is a lot but that is probably all land and housing. Soooo yeah way less then 1% globally could really afford this boat.
You’d be surprised how many owners of 40-foot “yachts” own them instead of houses and live aboard full-time in order to save money (among other lifestyle reasons).
Sure, man. Sure.
Boats are typically considered yachts when they are or exceed 24 meters.
First of all, you’re wrong: any sailboat that has a cabin for living aboard, even if it’s a shitty dilapidated Catalina 27 that you buy for $1, is a “yacht.”
Second, even if you were right, don’t bitch at me, bitch at the article writer. They’re the ones who first called it a “yacht,” even though from the video you can clearly see that it’s way smaller than 24 meters.
I found another article about the incident that contained enough information to track down exactly which boat it was: “Oceanview” owned by Nautic Squad Club, a Jeanneau Sun Odyssey 349. Only 34 feet long, yet still described as a “yacht” by literally everybody but you.
By the way, most of the listings for that model of boat on Yachtworld are under $200k.
There’s no definition in dictionary, but here’s what Wikipedia cites for what to call a yacht: https://www.boats.com/on-the-water/when-is-a-boat-also-a-yacht/
This is arbitrary, and just an illustration of how anyone would call what they want a yacht. 24 meters is nowhere required, and this discussion repeats again and again
It is very arbitrary, sure.
I think a main thing is people who describe their boats as yachts usually aren’t going from paycheck to paycheck.