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238. How does the Housing Crisis affect Self Storage?

Author
AJ Osborne
Published
Tue 02 Apr 2024
Episode Link
https://www.selfstorageincome.com/podcasts/self-storage-income-2/episodes/2148577054

The supply of housing is directly tied to the demand for self storage. The more people are moving, the more people tend to need a storage unit. But what happens if the housing market is being crazy, like it is today?   


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The housing crisis is not just a matter of super high prices. Since price is a function of supply and demand, and the demand of homes is higher than ever, the last piece is: supply! You solve the crisis by building more houses. There's not a low enough interest rate or tax benefit that can magically add houses onto the market.


How does this affect storage? Let's break it down!


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