ST Alpha - "That's a good question. And I think the answer is, because it's a go-anywhere-fast floating condo." (Reading a Post)

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In response to "why is this boat worth almost 1m? -- nm" by zeitgeist

That's a good question. And I think the answer is, because it's a go-anywhere-fast floating condo.

Posted by Beryllium (aka grayman) Sep 16 '23, 23:52

Plus, the motors are pricey. The materials are pricey. The skill to pull it all together is pricey. And they generally hold their resale value for around a decade, so this one has seven years left.

But to buy this one at this price and own it for a decade, you'd be looking at selling it for $300-400K USD in 2033. Maybe less.

And also because it's a bit overpriced.

Responses:

do you feel a need to go anywhere fast? -- nm - zeitgeist Sep 17, 00:11 2
- Lots of places. And nowhere. -- nm - Beryllium Sep 17, 01:43
- Gotta escape Justin Trudeau’s woke autocracy! -- nm - Mop🧹 Sep 17, 00:20

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That's a good question. And I think the answer is, because it's a go-anywhere-fast floating condo.

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