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Kris Bennett of PassiveInvesting.com interviews Jeff Adler and Tyson Huebner, the VP and Director of Institutional Research at Yardi Matrix, to take on the 2023 mid-year state of the self-storage market. The rental rates are decelerating in every market. Although new clients’ rents are decreasing, the existing customer rates are increasing. Because we are heading into a recession, the economy is slowing on the consumer side but perplexingly increasing the demand for storage when there’s a big dislocation of people when they lose their job. Dan, Jeff, and Tyson discussed many things, including using data to look for opportunities, unattended and attended self-storage facilities, etc. Tune in to this episode so you won’t miss what the self-storage market looks like in this mid-year of 2023.
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Kris Bennett of PassiveInvesting.com interviews Jeff Adler and Tyson Huebner, the VP and Director of Institutional Research at Yardi Matrix, to take on the 2023 mid-year state of the self-storage market. The rental rates are decelerating in every market. Although new clients’ rents are decreasing, the existing customer rates are increasing. Because we are heading into a recession, the economy is slowing on the consumer side but perplexingly increasing the demand for storage when there’s a big dislocation of people when they lose their job. Dan, Jeff, and Tyson discussed many things, including using data to look for opportunities, unattended and attended self-storage facilities, etc. Tune in to this episode so you won’t miss what the self-storage market looks like in this mid-year of 2023.