“... residents will be charged a ‘living fee’ to cover expenses such as maintenance and food, which reportedly starts from $2,482 (£1,827) per person per month.”
Um, no.
Mortgage + Rent? Sounds like something for only the rich but then they would just purchase a yacht.
“residents will be charged a ‘living fee’ to cover expenses such as maintenance and food, which reportedly starts from $2,482 (£1,827) per person per month.”
Actually not that out of align.
Add up what you spend each month on food, utilities, property tax or rent, insurance, household maintenace and repair.
“... residents will be charged a ‘living fee’ to cover expenses such as maintenance and food, which reportedly starts from $2,482 (£1,827) per person per month.”
For just that amount I can go on a one to two week cruise every month.
That would me way more than enough cruising for me.
$2,482 per month.
That’s about the same as the new 2 bedroom high-rise apartments they are building all over So. Cal. now.
Um, no.
So for two people that is $5k/month, or $60k/year. As a retired old geezer, it costs me a lot more than that to live.
Now there are other disadvantages which would make me say no: inflation increases, medical costs, what happens if the ship owners go bankrupt, etc. But the cost is not outrageous.
“... residents will be charged a ‘living fee’ to cover expenses such as maintenance and food, which reportedly starts from $2,482 (£1,827) per person per month.”
Like paying property taxes in NY or NJ.
One the other hand, the ability to rent out your unit could cover a good deal of that.