Everyone will have heard of the difficulties the US housing market is going through because of the subprime meltdown and excess inventory, with similar signs now appearing in the UK. Is there any evidence that this is hitting yacht sales ? Are prices falling? Is time-to-sale increasing? Or are yachts in a quite different economy? Certainly the explosion in yacht building has seemed to coincide with cheap credit and the house price explosion. I'm not in the industry so I'd be interested to hear what the insider view is.
The Sirena 64 charmed the crowd at boot Düsseldorf with a combination of sleek design, large volume, and expected cruising efficiency. This stylish new motoryacht is making her world premiere and announces the arrival of this Turkish builder on the world powerboat scene.
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