2023 Mid-Year State Of The Self-Storage Market With Jeff Adler And Tyson Huebner

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.