The excessively wealthy have to abandon $100,000 boats because they are to poor to tow them to port and sell them? Now that seems a little absurd!
One of our subcontractors is a boat cpt. and he salvages boats on the high sea. I seem to remember him saying that after a certain point the boats were up for grabs if they were abandoned and no one claimed them.
Seems like a get rich quick deal for any one with a tow boat :)
Unfortunately they leak and, being stuck in the water, are a serious water quality concern.
http://www.nytimes.com/2009/04/01/business/01boats.html?_r=1&hp
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