Boat life beats a mortgage

by admin on August 10, 2008

SOARING house prices have people jumping ship - on to them, that is.

Married couple Susie Hope and Terry Lee are two of a growing number of people opting for life on the water.

The retired Sydney couple have spent the past year living on their 13m yacht, Spirit Chaser, at a marina in Southport on the Gold Coast.

At $1000 a month, Mr Lee said renting a berth was cheaper than renting a house. more

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