For those who do want, it may become out of reach too. First, taxes are now much higher to build all the housing and everything. Next, it will be harder to find workers if basic needs are there. Both to make money and build the yacht.
Finally, it will be harder to come up with a product. People consume lots of stuff they don't need. They've to work one way or another. Money is there so they spend it. Now if you just had your basic needs met, but didn't have disposable money.. It'd be much bigger step to go find employment to buy random stuff.
“Superyacht” is stand-in for anything beyond one’s basic human needs.
What is one person’s run if the mill property is another’s luxury.
For instance, In the discussion you wrote that you’d ride your bicycle and wanna code all day (which requires a computer, and presumably, since you’re on HN participating in thoughtful discussion, an internet connection). There are millions and millions of people who don’t have that, and to them, it is a big luxury item.
There's a big difference between a soft paddle boat and superyacht. Both are beyond basic needs.
A very basic computing device is rather cheap these days. Look at mobile internet penetration in Africa or Asia. Sure, not everybody has it. But it'd certainly make a basic needs list. In worst case - as a shared use devices in libraries. Especially given how modern society relies on digitalisation.
