New Supply of Self Storage in 2018 plus Consumer and Investor interest = Momentum

Even with new supply expected to enter most major markets in 2018 (after strong development in 2017), self storage will remain a highly sought after real estate class by various investors.  Continued industry growth is cited as a major reason for optimism.  One significant factor that makes self-storage a better bet in the long run than many other real estate types is its customer base is growing faster than the population,”  according to Ben Vestal in insideselfstorage.com’s November 2017 article, Unparalleled Momentum Pushes Self-Storage Real Estate Into Uncharted Territory.

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