What types of boats are for sale through National Liquidators?
One of the things that economists and investors try to do is to identify businesses that do well in a recession. They’re called “counter cyclical” investments. And it looks like we’ve found a good one now in National Boat Liquidators. “We’re busting at the seams,” said Jason Lessnau, recovery manager for National Liquidators, the largest marine repossession company in the United States. The longer the mortgage crisis lasts, the more yachts end up in his boat yard — double and triple parked. “Our sales numbers are up, our recovery numbers … every single number you can think of is through the roof for us right now,” he said. With its deflated real estate market, Florida has become emblematic of the United States’ housing woes after the real estate bubble saw prices spike then collapse. Now, as the recession deepens and home prices keep diving in value, the problem is creeping beyond homes and high-rises, and prompting a hike in boat foreclosures too. Experts say many boat owners made
