What’s in the Rise of Self Storage?

Marcus & Millichap stated in a 2014 Q3 review of the status of the self-storage sector is surging amid an improving economy that on a year-over-year basis, sales of items such as sporting goods, apparel, furniture and appliances increased nearly 3 percent. People are buying new stuff, shedding less of the old and it’s going into storage. Gas prices are down nationwide and the return to leisure consumption is happening although it may be short lived when gas prices resume their lofty heights. We feel good making a purchase we may not have made otherwise when we have more money in our wallet and more gas in our tank. This trend will see its true target when tax returns are inbound as they are. There may even be a new holiday just for tax return spending? A rush to the shops to place those hard earned returns back into the consumer economy.

What’s in the Rise of Self Storage?

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