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Self storage - an American phenomenon

Posted on 2/6/24 at 9:28 am
Posted by TejasHorn
High Plains Driftin'
Member since Mar 2007
10818 posts
Posted on 2/6/24 at 9:28 am
Saw a blurb this morning that 25% of millennials are renting self storage, which is outpacing Boomers and Gen X.

There are over 51,000 self storage locations in the US compared to about 14,000 McDonald’s. They’re building new ones around town constantly.

Why are people keeping stuff that will end up tossed or donated one day anyway? Some people are paying $300/month to store old furniture, cars, etc.
Posted by SUB
Member since Jan 2001
Member since Jan 2009
20685 posts
Posted on 2/6/24 at 9:29 am to
They are living in the self storage units.
Posted by LNCHBOX
70448
Member since Jun 2009
84025 posts
Posted on 2/6/24 at 9:29 am to
quote:

Why are people keeping stuff that will end up tossed or donated one day anyway? Some people are paying $300/month to store old furniture, cars, etc.

Posted by Python
Member since May 2008
6255 posts
Posted on 2/6/24 at 9:30 am to
Yuuuuuuup!
Posted by CAD703X
Liberty Island
Member since Jul 2008
77801 posts
Posted on 2/6/24 at 9:30 am to
my wife ABHORS storage sheds. its a tricky situation because i'm a hoarder and will obsess for years about that one doodad she threw out that i needed 10 years later

but i know she's right. less is more and if your shite is boxed up and you're not displaying or using it then what's the point?
Posted by BRgetthenet
Member since Oct 2011
117660 posts
Posted on 2/6/24 at 9:31 am to
The war for storage will be waged on all fronts.

Pray for the youth of this nation.
Posted by dallastiger55
Jennings, LA
Member since Jan 2010
27601 posts
Posted on 2/6/24 at 9:31 am to
Met a guy at a party a month ago that owns 3 storage businesses.

Said they print money
Posted by Chad504boy
4 posts
Member since Feb 2005
165945 posts
Posted on 2/6/24 at 9:31 am to
for some purposes, its money well spent. for others, its money wasted.
Posted by The Boat
Member since Oct 2008
163929 posts
Posted on 2/6/24 at 9:31 am to
quote:

Saw a blurb this morning that 25% of millennials are renting self storage, which is outpacing Boomers and Gen X.

Probably has to do with dumbass student loan indebted millennials living in small apartments compared to larger living spaces of older generations.
This post was edited on 2/6/24 at 9:57 am
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
35255 posts
Posted on 2/6/24 at 9:34 am to
quote:

compared to larger living spaces of older generations.


I thought all the older generations lived in sub 1200 sqft homes?


That’s what they claim in all the millennial housing threads.
Posted by blueridgeTiger
Granbury, TX
Member since Jun 2004
20173 posts
Posted on 2/6/24 at 9:35 am to
quote:

They are living in the self storage units.


My bat-shite crazy ex-wife's equally crazy son has lived in one for years in California.
Posted by holmesbr
Baton Rouge, La.
Member since Feb 2012
2971 posts
Posted on 2/6/24 at 9:35 am to
I can see keeping a car in one of you don't have a garage at home or just have a carport. And it's worth keeping out the weather. Or the HOA won't let you have car visible on your property.
Posted by boxcarbarney
Above all things, be a man
Member since Jul 2007
22687 posts
Posted on 2/6/24 at 9:36 am to
Where else are they going to store all their Funko Pops?
Posted by East Coast Band
Member since Nov 2010
62656 posts
Posted on 2/6/24 at 9:36 am to
They're eyesores IMO.
Posted by tylerlsu2008
London
Member since Jul 2015
1065 posts
Posted on 2/6/24 at 9:36 am to
A lot of it may be those of us living in apartments in big cities. My wife and I got one when we moved in together and combined things. Once we move out of the city and buy a home, we won’t have a need anymore.
Posted by FlyinTiger93
Member since May 2010
3565 posts
Posted on 2/6/24 at 9:36 am to
Mailbox money
Posted by dimet
North Carolina
Member since Feb 2009
187 posts
Posted on 2/6/24 at 9:37 am to
Self storage is an incredibly lucrative franchise...many can be managed off site...crazy money!
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
35255 posts
Posted on 2/6/24 at 9:37 am to
quote:

I can see keeping a car in one of you don't have a garage at home or just have a carport. And it's worth keeping out the weather. Or the HOA won't let you have car visible on your property.


Man the economy must be really good if people can afford this bullshite lol
Posted by Pettifogger
Capitol Hill Autonomous Zone
Member since Feb 2012
78978 posts
Posted on 2/6/24 at 9:37 am to
quote:

Met a guy at a party a month ago that owns 3 storage businesses.

Said they print money


My wife has a storage unit in Dallas that we've paid for probably 15 years. We've been in a cold war about it for a decade. It's like 250 bucks a month now.

Before we were married I went, unloaded and readied for an LTL carrier, like 10 hours of work. Carrier didn't show, I loaded it all back in, haven't been to the place since.


Posted by BRgetthenet
Member since Oct 2011
117660 posts
Posted on 2/6/24 at 9:38 am to
Not if tastefully done, like a brick facade on the front facing exterior and gas lamp fixtures flanking the key pad protected sliding glass doors.
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