The phrase references individuals whose primary residence is a significant vessel, often used for extended periods, bookending more traditional land-based abodes. This lifestyle contrasts with typical homeownership, prioritizing mobility and maritime experiences. For example, someone might maintain a small apartment for brief stays while spending the majority of the year living on a sizable yacht.
This arrangement presents several advantages, including potentially lower property taxes (depending on jurisdiction and vessel registration), the freedom to relocate frequently, and direct access to recreational water activities. Historically, such a lifestyle was often associated with extreme wealth, but evolving yacht designs and financial models now allow a broader demographic to consider this option. The concept underscores a shift in lifestyle preferences for some, emphasizing experiences over static property ownership.
