AP, you are letting that hot headed temper of yours rule the simplicity of the legal case with livaboards.
Im not been negative, infact im pointing out that as we work for CX, a mortgage or boatloan is paid each month.
Ok you will no longer make anything, but the at the end of the day, its not life savings. You are still employed with full allowances.
The real issue is with those guys who take the monthly payment directly from salary. With no subsidy.
I know there are bankers and financiers on the DB marina who will put the loss down to the acceptable
risk of owning a boat in DB. As morning coffee correctly states above.
Its always been a case of buyer beware and due diligence. Nothing new there, we all do a risk assessment on everything we buy. And then make the choice.