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Why Is There Softness In Storage?
Season 7
Episode 60
Published 2 years ago
Description
Storage is an industry segment that has been growing rapidly for the last few decades. But this has been impacted by the recent decline in the residential real estate market in the past 24 months.
Across the United States there has been a decline in storage occupancy and operators have been offering increased incentives for their retail storage offerings.
So the question is why the sudden drop in prices? Is the industry over supplied? Are the traditional metrics for storage space as a function of population density no longer valid?
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Host: Victor Menasce
email: podcast@victorjm.com