this post was submitted on 03 Mar 2025
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Who owns the boats? (lemmy.world)
submitted 1 day ago by The_Picard_Maneuver to c/[email protected]
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[–] [email protected] 1 points 4 hours ago

In a way yes, however this is rather common for small scale commercial fishing. Boats like that are ridiculously expensive, so a lot of people branching out on their own often rent until they can afford a down payment on their own boat. The loans for which are far more predatory, unfortunately.