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Message
Storage model outlook through a recession
Posted on 8/13/23 at 9:14 pm
Posted on 8/13/23 at 9:14 pm
So with all of the storage buildings popping up like hot cakes. At what point does the market become saturated? Also I would think it would be of the first things to go in a time of budget constraints.
Would you invest in a storage right now if you had the opportunity?
Would you invest in a storage right now if you had the opportunity?
Posted on 8/13/23 at 9:19 pm to GREENHEAD22
Only if it was open boat/rv type storage. Those chains have all the small stuff oversaturated.
Posted on 8/13/23 at 9:26 pm to GREENHEAD22
I can't believe there's that much demand for those things. I understand it when you are moving or selling your house but otherwise it makes no sense.
Posted on 8/13/23 at 10:06 pm to fallguy_1978
quote:hard to find any available where I live except for the very big ones
I can't believe there's that much demand for those things. I understand it when you are moving or selling your house but otherwise it makes no sense.
Posted on 8/14/23 at 9:29 am to GREENHEAD22
Look in peoples garages when the doors are open. They can't fit cars in them they have so much stuff stacked inside them. 
Posted on 8/14/23 at 9:44 am to GREENHEAD22
Look at all the shite houses popping up with zero storage space. HOAs preventing them from installing a shed unless it is built with same specs as house.
That is the only bull case I can think of...I am not saying it is right or wrong.
That is the only bull case I can think of...I am not saying it is right or wrong.
Posted on 8/14/23 at 9:45 am to GREENHEAD22
I have talked to people who own them and they cannot even believe the stuff people put into them. They told me unless it is a collectable or family heirloom throw it away before you put it into storage.
Posted on 8/14/23 at 10:07 am to lsu13lsu
quote:
I have talked to people who own them and they cannot even believe the stuff people put into them. They told me unless it is a collectable or family heirloom throw it away before you put it into storage.
The average person is a tard.
My dad has a storage unit for his junk. It MIGHT be worth $1,000 and he's paid well over that amount for storage.
Posted on 8/14/23 at 10:10 am to fallguy_1978
I live in a 250 home neighborhood. Easily half of the neighborhood doesn't park a single vehicle in their garage.
Posted on 8/14/23 at 10:23 am to faraway
quote:
hard to find any available where I live except for the very big ones
Posted on 8/14/23 at 10:53 am to fallguy_1978
quote:
I can't believe there's that much demand for those things. I understand it when you are moving or selling your house but otherwise it makes no sense.
People want to hang onto so much sh*t they never use it's insane. People just hoard these days and storage units get so popular because it at least gets a chunk of their junk out of the house.
I personally dont see these getting less popular any time soon, the prices on these units have also gone way up over the last 5-10 years feels like. I was shocked what a few of my friends were paying per month for their units. $100-$140/mo for small units and closer to $200/mo for mid size units. Climate controlled so dont know how much that adds to the price.
This post was edited on 8/14/23 at 10:55 am
Posted on 8/14/23 at 11:10 am to GREENHEAD22
The recession sure is taking the long way to get here


Posted on 8/14/23 at 11:54 am to thunderbird1100
The market is definitely over saturated but big investment groups are buying them up like crazy much easier to run than apt complexes
Posted on 8/14/23 at 12:39 pm to tigersmanager
If you could combine storage with a carwash........gold
Posted on 8/14/23 at 3:12 pm to fallguy_1978
Get a divorce. Now does it make sense? 
Posted on 8/14/23 at 3:23 pm to GREENHEAD22
Depends on where you live. The market around here must not be saturated yet because they keep building them. The owner where I rent a 10X10 has built over 100 new units in the last 2 years.
Posted on 8/14/23 at 3:29 pm to Pauvetibete
quote:
I live in a 250 home neighborhood. Easily half of the neighborhood doesn't park a single vehicle in their garage
I can only get one car in, but that's due to my weight rack taking up the other side.
We basically adopted a rule that nothing goes in the attic. If there's an issue with the closets it gets donated or thrown out.
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