Lake Placid Topics: Another reason for boat ban

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	Name:	Pier Pressure -
	Subject:	Another reason for boat ban
	Date:	5/9/2008 3:14:32 PM

That is exactly the intended purpose.

You could argue that a $75k to $250k boat investment would not compete with $300k + real estate investment. I beg to differ. Most people who buy the big boat only want a weekend retreat. This is their (our) second home. The total cost of the investment (operating expense, storage expense, insurance, vessel mortgage, etc.) is far greater than one would expect. We easily pay more for our modest cruiser monthly than we do on our modest home (2300 sq ft).

If we did not have this option, and we wanted to be on the water bad enough, we could easily afford it, IF we wanted to have only one residence option. The developers are trying to force people to put all ducks in one basket, and this would drive up the real estate values....