Many of you have seen the latest reports on increasing inflation in today’s economy. Inflation is the scourge of savers, diminishing the value of nest eggs and retirement accounts. Among other things, inflation is the result of a “cheap money” policy (very low interest rates), and after decades of low interest rates and four years after a $1.9 trillion Covid stimulus bill, inflation is proving to be more stubborn than we all anticipated. Whatever the causes of inflation, the results are devastating for most Americans, and we are starting to see the trickle-down effects in self-storage. The last time the US Men’s hockey team won Olympic gold (1980) inflation was persistently high, interest rates were volatile and real estate investors were operating in a fundamentally different market than today. With the US Men’s hockey team winning gold earlier this year (2026), are we on the verge of seeing history repeat itself?
