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?
Yeah, but people with more expensive cars than that are still likely millionaires. I’ve been thinking of buying a boat for years, but that boat would still be a lot smaller than these. (And I still haven’t because it’s not just the purchase, but also maintenance and mooring.)
Although friends of us do have a boat that might be that size. They also live on a houseboat. They don’t have a regular house, and if they have a car, I haven’t seen it.
So I guess middle class people can own a boat like that, but it takes sacrifices in other areas.
I’ve been thinking of buying a ~40’ sailboat like that (an older used one for <$100k, BTW), but it would be to live aboard full-time and become nomadic while either selling or renting out my house.
See? Then it just becomes an affordable (if cramped) house.
I’ve also known people who had their own massive custom built catamaran that they lived on. Traveled around the world on that thing, accepting paying passengers to travel with them part of the way.
…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.
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
Belonging to a class is a matter of relationship with means of production, not of wealth. There is absolutely nothing wrong with people using their money earned through their labor for boats, especially in the case of sailboats, which are not environmentally as bad as yachts.
The problem emerges when the money are extracted from other people’s labor. Plenty of people can afford a sailboat, if they wish it, after years/decades of work.
The people who are on hourly rarely have yachts. Fishing boats, perhaps. Sailboats are more rare, but the random fanatic boatbuilder? I’ve seen it on occasion. But yachts? Nah. That’s some intergenerational wealth going there, inherited something or rich parents back loans which enable the person to start their own company to rip off the labour of others. I know a bunch of them, born with a golden spoon up their arses.
People don’t get rich working hard. They get rich by stealing the profit from the hard work of others. I’m sure you know this.
Many people rent them out. I know because I’ve met several people who use the service for their vacations every year. It’s quite popular, and sometimes comes cheaper than to actually rent an airbnb or a hotel room when split between multiple people.
You “only” need to be a hundred millionaire in order to afford to maintain the one in the second photo.
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.
Yeah, but people with more expensive cars than that are still likely millionaires. I’ve been thinking of buying a boat for years, but that boat would still be a lot smaller than these. (And I still haven’t because it’s not just the purchase, but also maintenance and mooring.)
Although friends of us do have a boat that might be that size. They also live on a houseboat. They don’t have a regular house, and if they have a car, I haven’t seen it.
So I guess middle class people can own a boat like that, but it takes sacrifices in other areas.
I’ve been thinking of buying a ~40’ sailboat like that (an older used one for <$100k, BTW), but it would be to live aboard full-time and become nomadic while either selling or renting out my house.
See? Then it just becomes an affordable (if cramped) house.
I’ve also known people who had their own massive custom built catamaran that they lived on. Traveled around the world on that thing, accepting paying passengers to travel with them part of the way.
…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).
Fucking lol. The contortions!
Sure, man. Sure.
Boats are typically considered yachts when they are or exceed 24 meters.
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.
Belonging to a class is a matter of relationship with means of production, not of wealth. There is absolutely nothing wrong with people using their money earned through their labor for boats, especially in the case of sailboats, which are not environmentally as bad as yachts.
The problem emerges when the money are extracted from other people’s labor. Plenty of people can afford a sailboat, if they wish it, after years/decades of work.
The people who are on hourly rarely have yachts. Fishing boats, perhaps. Sailboats are more rare, but the random fanatic boatbuilder? I’ve seen it on occasion. But yachts? Nah. That’s some intergenerational wealth going there, inherited something or rich parents back loans which enable the person to start their own company to rip off the labour of others. I know a bunch of them, born with a golden spoon up their arses.
People don’t get rich working hard. They get rich by stealing the profit from the hard work of others. I’m sure you know this.
Many people rent them out. I know because I’ve met several people who use the service for their vacations every year. It’s quite popular, and sometimes comes cheaper than to actually rent an airbnb or a hotel room when split between multiple people.