Slips and valet for 2021 tight market?

[Biggd]

Originally Posted by camp guy

A few years ago the ski industry was overrun with slope-side ski in-ski out condos, then the economy changed, and these extremely overpriced condos were on the market at "give-away" prices. Is the boating industry in danger of following in these footprints? To what extent is COVID driving some of this increase in boating and dock usage, and, when society is back to the pre-pandemic level of activity, what will be the activity level then?

I don't have a boat or a dock, I don't live on the Lake, and I am not an economist.

When there's a recession the boat loan is the first to take a hit. We don't know when that will be but it will happen.
Even if you own the boat outright, if money is tight, it doesn't go in the water and slips become available.