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Archive Home > 2011 > January > 22 > Think houses are a slow sell? Try a yacht

Think houses are a slow sell? Try a yacht

The wealthy, once willing to pay a premium to avoid a waiting period for a new boat, have shied away from pricey status symbols

By Geraldine Fabrikant / The Bulletin
January 22, 2011

What is tougher than having one sleek mega-yacht for sale in a glutted market? The answer, for the moment at least, is having two mega-yachts on the market.

In boom times, yacht enthusiasts would order a new dream boat and keep their old one for the two or three years the builder needed to....

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