Screenshots and video by Retiring Guy
Governing, 12/18/2022
Nearly 10 percent of the American people rent a storage facility. According to urban and tech writer Patrick Sisson, “One in 11 Americans pays an average of $91.14 per month to use self-storage, finding a place for the material overflow of the American dream.” Storage facilities are a $38 billion industry, one of the surest business investments in America, with an annual growth rate of over seven percent. In 1984, there were about 6,600 self-storage buildings in the nation. Now there are approximately 50,000 such facilities in the U.S. (900 per state), with a combined storage capacity of 2.3 billion square feet.
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