Dec 22, 2021
Self-Storage Is the Pandemic's Hot Property
Americans are paying top dollar to store their possessions due to Covid-19. As a result, self-storage property operators and REITs have benefited.
The Wall Street Journal reports that "self-storage stocks have been big gainers since last year’s economic lockdown, outrunning e-commerce warehouses, rebounding malls and rental homes."
In fact, supply won't be able to keep up with the demand for self-storage facilities until 2025, according to Green Street.