On 5 May 2007, at 09:02, Steve Wood wrote:
> A sealed bid auction simply reveals how rich one or two people are, not
> what the majority can afford. If there are 20 bids around, say, £800 -
> £1000 and one or two of £1500 will BW conclude that the market rate is
> £1500 for all future vacancies in that area? e-Bay would be slightly
> less unfair, at least its open and transparent (not that I'm advocating
> either approach.)
>
>
The primary function of an auction is to obtain the best price possible
for the seller, Shirley? By starting with on-line moorings, the
consequence is likely to be a huge increase in continuous moorers as
many of these will be unable to match the price offered by more
affluent boater owners.
Sounds like a scheme dreamt up by an economist with an MBA to me :-0
––
All the best
Bruce
"Houses are but badly built boats so firmly aground you cannot think of
moving them" Arthur Ransome, 'Racundra's First Cruise'
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