The phrase references people whose major residence is a major vessel, typically used for prolonged durations, bookending extra conventional land-based abodes. This way of life contrasts with typical homeownership, prioritizing mobility and maritime experiences. For instance, somebody would possibly preserve a small condo for temporary stays whereas spending nearly all of the 12 months residing on a large yacht.
This association presents a number of benefits, together with doubtlessly decrease property taxes (relying on jurisdiction and vessel registration), the liberty to relocate regularly, and direct entry to leisure water actions. Traditionally, such a way of life was typically related to excessive wealth, however evolving yacht designs and monetary fashions now enable a broader demographic to think about this feature. The idea underscores a shift in way of life preferences for some, emphasizing experiences over static property possession.