 |
Subscribe / Renew |
 |
Contact Us |
| ► Subscribe to our Free Weekly Newsletter | |
Construction Bids
| home | Welcome, sign in or click here to subscribe. | login |
Real Estate
The Real Estate Adviser |
Subscriber content preview
July 10, 2008
The Real Estate Adviser: Wondering where to park that yacht?
By Tom Kelly
Special to the Journal
Special to the Journal
It seemed that both the number of fireworks displays and the amount boat traffic on Puget Sound were lighter than usual over the Fourth of July weekend. Even the opening of the popular Dungeness crab season during one of the busiest leisure times of the year could not offset the pinch local boaters are feeling from higher fuel costs. Families also seems to skip the luxury of fireworks as they shuffle expenses in a staccato economy.
However, a significant blow to the masses is not even a light tap to the rich. Astonishingly, it could not be a better time to be a builder of large yachts. A recent report indicates the number of mega-yachts is not only on the rise, but shipbuilders around the world are having difficulty finding enough workers to meet the demand.
. . .
To read this story in full login or purchase a subscription.
Previous columns:
- The Real Estate Adviser: Flexible loans good option if you understand them, 06-26-2008
- The Real Estate Adviser: Real estate IRAs: Know the 4 no-nos, 06-19-2008
- The Real Estate Adviser: New law is bad news for reverse mortgages, 06-12-2008
- Weekend drive could lead to dream vacation property, 06-05-2008
- The Real Estate Adviser: Can't sell? Try keeping your house as a rental, 05-29-2008
- The Real Estate Adviser: That home loan may come with free air miles, 05-22-2008
- The Real Estate Adviser: Chilly U.S. home markets make lenders look south, 05-15-2008
- The Real Estate Adviser: Timeshare rentals? Do your homework, 05-08-2008