238. How does the Housing Crisis affect Self Storage?
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? Subscribe for market updates, tips, and more! 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! Enjoy this podcast? Leave us a great review wherever you listen! Ready to buy storage? Have your deals personally evaluated by AJ and our team! https://www.selfstorageincome.com/feasibility Take advantage of today’s market conditions and invest with us: https://cedar.cc/invest Make self storage management easier than EVER with our podcast sponsor Tenant Inc. - https://www.tenantinc.com/