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A 40ft Bohemian? A five year old one will set you back €200k in good condition, and cost around 10% of its value in maintenance, mooring and repairs each year.
People have cars more expensive than that on their driveways.
And they spend 20k a year to maintain their car?
That's more than many people make in a year. Get a grip.
You’re right, many people don’t make 20k per year. But my point was that you don’t need hundreds of millions to afford a sailing yacht, and I don’t need to be attacked for adding some data to your comment. Perhaps it is you who should get “a grip” on your interpersonal skills?
most of Earth’s popukation makes less than $20k a year
Erm ackshually 🤓☝️
If you're not making 20k in a year you need to find a different job.
Sweet just point me to that different job. I’m in central Maine. Since we’re being picky please find one that’s over 60k. I have 15 years in management, sales, compliance etc
Maine's minimum wage is $30k/yr
Your point being? Would you like to mention the average rent of a one bedroom apartment? Or the median wage, or let me know what the available jobs are paying? Are you upset that we managed to raise our minimum wage? We also legalize cannabis. Have you done that in your shitty state yet?
The post above yours was talking about earning 20k/yr.
I think it's great that Maine's min wage is at least ~$15/hr, and I even think it should be a lot higher.
I think you should avoid thinking people say things they did not say.
Yeah, but people with more expensive cars than that are still likely millionaires. I've been thinking of buying a boat for years, but that boat would still be a lot smaller than these. (And I still haven't because it's not just the purchase, but also maintenance and mooring.)
Although friends of us do have a boat that might be that size. They also live on a houseboat. They don't have a regular house, and if they have a car, I haven't seen it.
So I guess middle class people can own a boat like that, but it takes sacrifices in other areas.
I've been thinking of buying a ~40' sailboat like that (an older used one for <$100k, BTW), but it would be to live aboard full-time and become nomadic while either selling or renting out my house.
See? Then it just becomes an affordable (if cramped) house.
I've also known people who had their own massive custom built catamaran that they lived on. Traveled around the world on that thing, accepting paying passengers to travel with them part of the way.
...not if you are poor quick check on google. Found the world inequality database. Richest 3% of income is $250k per year usd 240 million people reach this level globally. Richest 6% wealth wise globally is around $1 million usd 480 million people have that wealth which i mean is a lot but that is probably all land and housing. Soooo yeah way less then 1% globally could really afford this boat.
You'd be surprised how many owners of 40-foot "yachts" own them instead of houses and live aboard full-time in order to save money (among other lifestyle reasons).
Fucking lol. The contortions!
Sure, man. Sure.
Boats are typically considered yachts when they are or exceed 24 meters.
First of all, you're wrong: any sailboat that has a cabin for living aboard, even if it's a shitty dilapidated Catalina 27 that you buy for $1, is a "yacht."
Second, even if you were right, don't bitch at me, bitch at the article writer. They're the ones who first called it a "yacht," even though from the video you can clearly see that it's way smaller than 24 meters.
I found another article about the incident that contained enough information to track down exactly which boat it was: "Oceanview" owned by Nautic Squad Club, a Jeanneau Sun Odyssey 349. Only 34 feet long, yet still described as a "yacht" by literally everybody but you.
By the way, most of the listings for that model of boat on Yachtworld are under $200k.
There's no definition in dictionary, but here's what Wikipedia cites for what to call a yacht: https://www.boats.com/on-the-water/when-is-a-boat-also-a-yacht/
This is arbitrary, and just an illustration of how anyone would call what they want a yacht. 24 meters is nowhere required, and this discussion repeats again and again
It is very arbitrary, sure.
I think a main thing is people who describe their boats as yachts usually aren't going from paycheck to paycheck.
Belonging to a class is a matter of relationship with means of production, not of wealth. There is absolutely nothing wrong with people using their money earned through their labor for boats, especially in the case of sailboats, which are not environmentally as bad as yachts.
The problem emerges when the money are extracted from other people's labor. Plenty of people can afford a sailboat, if they wish it, after years/decades of work.
The people who are on hourly rarely have yachts. Fishing boats, perhaps. Sailboats are more rare, but the random fanatic boatbuilder? I've seen it on occasion. But yachts? Nah. That's some intergenerational wealth going there, inherited something or rich parents back loans which enable the person to start their own company to rip off the labour of others. I know a bunch of them, born with a golden spoon up their arses.
People don't get rich working hard. They get rich by stealing the profit from the hard work of others. I'm sure you know this.
Not every worker is an hourly worker. There are people who buy summer houses, there are people who buy boats. A sailboat like the one in the article (or in the OC) not only often is rented out, it's not that expensive to buy as well.
Yachts are a different game, but I don't care about the semantic of what is a yacht, the point is, small boats, especially sailboats, are something that some people buy for themselves as a retirement "gift" or something. They are workers and they deserve to enjoy what they saved during a life of being exploited, and this narrative that as soon as you live above the poverty line you are a billionaire is counterproductive.