Quote:
Originally Posted by Descant
I've been at MVYC for quite awhile. Around 2009-10, people stopped putting their boat in the water. Some boats and slips went to foreclosure and auction. In 2007-08, there had been a wait list for slip rentals, then there were lots of vacancies. Now, I think we're close to wait list again.
In slips or valet, many tenants renew a year in advance, so the advice to lock it up now is sound. If you later buy a too big boat or otherwise find a better deal, you can probably sublease or maybe just lose a couple hundred $$ deposit. Better to do that than to buy a boat and have no place to put it.
"Well, I'll just trailer it for awhile". Have you been reading the threads about back ups and full parking lots at many ramps?
Yes, "Where is the town home?" is a good question. Can you install a mooring?
Last thought: If you find a slip or valet, see if you can get a two or three year commitment, and lock in the price. It will likely go up for the next couple of years as people are still buying new boats and need places to keep them.
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We have been at MVYC for 16 plus years and have seen it go up and down more than once. This go round went from Renters "Lucky to get a slip" to Owners "Lucky to get a rental" with the renters getting a discount, then back to Renters "lucky to get a slip" and paying an increase. So the economy is DEFINATELY recovering. I would like to see MVYC, with the increase in price, run the yacht club picnic again. It was a blast every year they ran it and we really miss it. I'm ready for an awesome Summer with LOTS of participation in the boating community!!
The Breeze
Wave 'cuz I'll be wavin' back