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Old 01-19-2022, 06:58 AM   #9
jeffk
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When we forego the large, unjustified markups of our home prices if we had chosen to sell recently, the marinas may choose to limit their slip prices to to what their "costs" are.

When commodities are scarce, prices go up until enough buyers are driven out of the market because they cannot afford it and that causes prices to level off. For some commodities, more can be manufactured thus reducing scarcity. In the case of land, especially docking space around the lake, there is a permanent limit on availability. The only fix to such scarcity is to force some buyers out of the market.

I am sympathetic, my valet prices have been going up as well. However, boating by it's nature is an expensive activity. I have been dreaming about replacing my 22 ft. bow rider and the cost would be well over $100K. Ouch.
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