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Who owns the boats? (lemmy.world)

submitted 1 year ago by The_Picard_Maneuver@lemmy.world to c/whitepeopletwitter@sh.itjust.works

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[–] prole@lemmy.blahaj.zone 1 point 1 year ago* (1 child)

the day you realize you can rent you boat to a crew, and not have to deal with most of the issues, and still make money.”

Sounds like parasitic behavior to me. Literal rent-seeking.

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[–] Jiggle_Physics@sh.itjust.works 2 points 1 year ago

In a way yes, however this is rather common for small scale commercial fishing. Boats like that are ridiculously expensive, so a lot of people branching out on their own often rent until they can afford a down payment on their own boat. The loans for which are far more predatory, unfortunately.

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lemmy:	0.19.20
mlmym (mschae):	26.3.4