Change and uncertainty go hand in hand, whether it’s looming inflation or the impact of rising interest rates, the stability of the economy is in question and creating uncertainty. Today, many are adopting a “wait and see” policy when it comes to evaluating the market for self-storage investments. We know that the three biggest risks to your self-storage value and the overall industry are interest rates, cap rates and overbuilding. These risks have been looming in the background for years, but as our economy will inevitably change, so too is the likelihood that these risks will have a meaningful impact on the value of your investment.
VI-2023: Preparing for Change in Uncertain Times
