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| I think to a degree is was the economic law of substitution at work. For example, cruises to Alaska were almost entirely canceled last year. For a family of four, that translates to at least $10,000 (cruise, shore excursions, flights) that was budgeted but didn't happen. Juneau sees roughly 1 million tourists a year, saw far less than 100,000 last year. Neighbor has a small resort with three lake front cabins. Best year ever, people that might have gone to Europe, Disney World came to northern WI. And they have re-booked this year. No openings from mid June through end of August.
So you didn't go to Alaska, or on that 2 week tour of Europe. Boat looked like a pretty good way to spend that money and have some fun with the family.
Friends had talked to us in late 2019 about a cruise on the Mississippi. For two people with flights, that would have been well over $15,000. I am guessing some who planned that kind of trip bought boats. | |
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