Oct
14
Self Storage - Good for the Economy?

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The self-storage business model has been around for decades and is a staple of the American economy. In recent years, the self-storage industry has grown exponentially. More and more people are using self-storage units to store their belongings, causing the industry to boom. But what does this growth mean for the economy?

What is Self Storage?

Self-storage is a type of business that offers customers storage space for rent, usually monthly. Customers can store anything they want in their rented space, from furniture to boxes of clothes to holiday decorations. Self-storage businesses typically have many different unit sizes available for rent, so customers can choose a space that's big enough for their needs.

The Self Storage Business Model

The self-storage business model is simple: customers pay to rent storage space from a self-storage company every month. In exchange, the company provides them with a secure place to store their belongings. Most self-storage companies also offer insurance for their customers' belongings, so customers can rest assured that their belongings are safe and protected.

Self Storage and the Economy

The self-storage industry has grown steadily over the past few decades, and today there are over 50,000 self-storage facilities in the United States. This industry has had a positive effect on the economy in several ways.

Jobs

First, the self-storage industry provides jobs for millions of Americans. According to the Self Storage Association, over one million people are employed in the self-storage industry in the United States. These jobs range from customer service to management positions to construction jobs, as new self-storage facilities are being built all the time.

Housing Market

For a few reasons, the self-storage industry is an integral part of the housing market. Many people who are downsizing or moving into smaller homes rely on self-storage units to keep their extra belongings safe and out of the way. This is because storage units provide a convenient and affordable solution for maintaining belongings that are not used daily.

Also, as the housing market recovers from the recession, we're seeing more and more people using self-storage units as they transition between homes. This is because self-storage can provide a flexible and affordable solution for people who need to store their belongings in between homes.

Businesses

Self-storage units are not just for people who need a place to store their belongings. Businesses can also benefit from renting self-storage units. This is because self-storage facilities offer a secure and affordable solution for businesses that need to store their belongings outside of their office or warehouse. Self-storage units can be used to store inventory, equipment, or even seasonal decorations. And because self-storage units are typically located in secure facilities, businesses can rest assured that their belongings will be safe and sound.

Your Self-Storage Solution

EZstorit is a leading provider of self-storage solutions, with over 100 locations across the country. We offer a wide range of storage options to meet your individual needs, including climate-controlled units, outdoor units, and drive-up units. We also provide a variety of amenities to make your experience as convenient and enjoyable as possible, such as on-site security, 24-hour access, and online bill payment. Whether you're looking for short-term or long-term storage, EZstorit is the perfect solution for you. Contact us today to learn more about our storage options and to find a location near you.


By: Lee Preston
Lee is the Director of Marketing and Promotion for EZstorit.com. When she is not working with our storage facilities partners, she is writing about topics that affect our daily lives.

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