The summer of 2020 has been unlike any we’ve known in the past, but fortunately, the self-storage rental season and investment market are alive and well. Despite the stock market’s recent performance and the self-storage rental season showing signs of strength within our industry, I am not confident that the market disruption and recession are over. Please forgive my skepticism, but I am concerned about the lagging effect of historically high unemployment, the impact of disrupting the traditional school schedule, the ever-changing debt markets, and the impact of an election year. The reality that come November we might have a new administration saddled with a tremendous amount of debt, and one that sees the world in a totally different light should not be taken lightly.
VIII-2020: Summer is Almost Over…How Are You Feeling About the Market?
