The Real Estate Wonk: What the housing slump isn't hurting: sales of ginormous yachts - Baltimore homes, apartments, real estate: Buying, selling, renting and housing news from reporter Jamie Smith Hopkins

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October 26, 2007

What the housing slump isn't hurting: sales of ginormous yachts

The AP reports that yachts are getting larger and larger:

People who can afford the $500,000 to $2 million price for such boats have been more insulated than most from a troubled housing market and other downturns in the economy, people in the boating industry say.

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About Jamie Smith Hopkins

Jamie Smith Hopkins, a Baltimore Sun reporter since 1999, writes about the regional economy. Her reporting on the housing market has won national and local awards. Hopkins is a Columbia native and has lived in Maryland all her life, save for 10 months spent covering schools in Ames, Iowa.
She trained to become a wonk by spending large chunks of time as a geek and an insufferable know-it-all.
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