The phrase references people whose major residence is a major vessel, usually used for prolonged durations, bookending extra conventional land-based abodes. This life-style contrasts with typical homeownership, prioritizing mobility and maritime experiences. For instance, somebody may keep a small house for temporary stays whereas spending nearly all of the yr 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 usually related to excessive wealth, however evolving yacht designs and monetary fashions now permit a broader demographic to contemplate this feature. The idea underscores a shift in life-style preferences for some, emphasizing experiences over static property possession.