Marina slip fee increases

[thinkxingu]

Originally Posted by BroadHopper

Been paying for a decade around $1800. Last year increase to 2400. Just got the bill for this year $3300! Yeap, prices increase substantially.

I also notice a significant increase in buildings for valet storage. Doesn't help me!

That. Is. Crazy. I'm all for marinas making money, but that's gouging. There's no way costs have doubled in two years.

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[FlyingScot]

Originally Posted by thinkxingu

That. Is. Crazy. I'm all for marinas making money, but that's gouging. There's no way costs have doubled in two years.

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One way to think about marinas is that they are real estate businesses. Just as the price of waterfront homes has skyrocketed over the past 5 years or so, the value of slips has surged

[TiltonBB]

Originally Posted by thinkxingu

That. Is. Crazy. I'm all for marinas making money, but that's gouging. There's no way costs have doubled in two years.

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While costs are a factor in pricing, marinas, and most businesses, sell at whatever the market will bear. Business do not exist to meet their costs and make a slight profit. It is all about supply and demand.

The supply of boat slips on Winnipesaukee will always be limited, only the demand will change with the economy.

If prices increase to the point where there are no takers, then they will start to come down. It is just the free market at work.