Will Chapman <[EMAIL PROTECTED]> wrote: >Adrian Stott wrote: >> Will Chapman <[EMAIL PROTECTED]> > >>> So you have said many times before. Personally I think it is >>> worth another shot. On what grounds do they justify increases >>> above inflation. The cost of running a mooring doesn't increase >>> beyond inflation each year. >> >> Why should the price of a mooring bear any relationship to inflation? > >Because that is all the BW can justifiably expect to increase >the cost on a year to year basis.
BW doesn't increase cost at all. It experiences it. Do you mean "prices"? The cost of something, and its price, are very distinct concepts. More important, your statement simply repeats your assertion; it doesn't answer the question. BW can justify increasing its prices in any area until, say, 5% of the moorings in that area remain vacant. That justification has very little to do with inflation. >That surely depends on what the complaint is. It is certainly not >part of BW's charter to inflate the mooring market. That is what >they will do for each mooring they auction off at a price higher >than other moorings in the area. By setting higher prices than >exists already in any given are, BW is setting the market value >not following it. That would be the substance of any complaint >I made. Sorry, but -- - Since BW is not "inflating the mooring market", a complaint based on that assertion is bound to fail. - Auctioning does not increase prices, it reveals them. Sealed bidding does a poor job of that, unfortunately, but open auctions would do a good one. - BW is not "setting higher prices". In fact, it is not setting prices at all. The bidders are offering to pay prices they find acceptable. In other word, it is the market that is setting the prices. It is not surprising that those prices are higher than were previously being paid for the moorings in question, as in most cases there were no vacancies in those areas, which indicates that the previous prices were below the market-clearing level. If that would be substance of your complaint, I recommend you save yourself the time of filing it. >> For mooring prices to come down, there will either will have to be >> more moorings, or fewer boats on the water. But at present the number >> of boats is continuing to increase, and creation of moorings is AIUI >> not keeping up. > >You keep saying that I keep seeing marinas being built all over >the place (and some in places where they would be better off >being else where). If you think there are enough new moorings being created to provide excess supply, then rationally you don't need to do anything about mooring prices as they are bound to come down before too long. However, I think there are *not* enough. Adrian Adrian Stott 07956-299966
