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Compared to most other asset classes, Self-Storage has more resilience across different economic cycles. Self-Storage has a steadier revenue stream and low operating expense ratios that produce 70% margins. Additionally, over the last two years, very few people have moved, thereby suppressing the demand for self-storage.
Joe discusses the current state of the self-storage market, the challenges and opportunities it presents, and the evolving trends influenced by consumer behavior.
Joe Downs is based in Philadelphia, but invests in storage assets nation wide. On today's show we are talking about the evolving state of the storage industry.
