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Subject:  Re: Self Storage as an Investment Date:  5/15/2003  10:58 AM
Author:  golfwaymore Number:  107228 of 888229

Catherine points out,

Here in Southern CA, I often see signs on self storage facilities for "free month's rent" and other inducements--freebies that landlords offer when advertising for tenants in a soft rental market.

I wonder if this is due to a soft rental market, or due to an owner who initially takes my approach and tries to get them in at any cost, knowing that they stay, once landed?

The reason I ask is that your reports seem to indicate that residential rental property in your area is going gangbusters. It seems odd to have high demand for residential rental, but low demand for storage space.

That said, the exact opposite true in my area. We have low demand for residential rental, and high demand for self storage.

Everyone I know owns a home. It's a large and diverse country.


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