We have always said the self-storage industry is more recession resistant than other industries , but it is always nice when someone else says it. Bloomberg just posted a great article, Best U.S. Real Estate With Self-Storage: Riskless Return, that is a must read.
Self-storage companies, which are in the business of renting units to businesses and residents alike had one of the best risk-adjusted returns among 10 U.S. real estate investment trust indexes in the past ten years, per the Bloomberg Riskless Return Ranking. They had the highest total return and the third-lowest volatility, for a risk-adjusted gain of 10.6 percent. What businesses were hurt the most by price swings? Offices, hotels and warehouses fared the poorest.
If you are looking to invest, now is a great time. Check out our listings here or give us a call at 717-779-0804.