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Thread: Do Americans Need Self-Storage?

  1. #1
    Amy_ISS is offline Community Manager
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    Default Do Americans Need Self-Storage?

    Hey all!

    An article on MSN has the audacity to imply Americans don't really need self-storage!

    Check out his 7 reasons and tell me what you think.
    Amy Campbell
    Editor
    Inside Self-Storage
    acampbell@vpico.com

    @AmyCampbell_ISS

  2. #2
    Madman's Avatar
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    Default Re: Do Americans Need Self-Storage?

    I know i've commented on that article before ... It reminds me in some ways of the one in the Economist. I think many of the comments support the unaddressed reasons of when and why self storage is extremely useful. This writer has applied it to a lot of scenarios where yes those folks should not use storage. Obviously, there are people who utilize storage in very cost effective and responsible ways (see the comments below the article). Not to mention ALL the home based business and entrepreneurial engines that self storage has helped as businesses grow and expand but cannot yet afford the expenses of leased space or purchase premises. Anyway a very narrow and biased focus. Fortunately, many of the comments are balancing the discssion.

  3. #3
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    Bill&Diane is offline Senior Member
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    Default Re: Do Americans Need Self-Storage?

    Quote Originally Posted by acampbell View Post
    Hey all!

    An article on MSN has the audacity to imply Americans don't really need self-storage!

    Check out his 7 reasons and tell me what you think.
    And other articles say certain areas are PRIME for people wanting to invest because there is not enough, I.E. Colorado Springs.
    My motto... IF YOU BUILD IT, MARKET IT, THEY WILL COME!
    ~Di~
    Last edited by Bill&Diane; 26th September 2012 at 03:54 PM. Reason: Cause HERKED ON FONEX WERKED FER ME!
    Bill & Diane
    Self Storage IS WHAT WE LOVE

  4. #4
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    Bill&Diane is offline Senior Member
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    Default Re: Do Americans Need Self-Storage?

    Quote Originally Posted by acampbell View Post
    Hey all!

    An article on MSN has the audacity to imply Americans don't really need self-storage!

    Check out his 7 reasons and tell me what you think.
    I think certain "other businesses" are behind it.. Like home clean outs, prof. organizers etc. Geesh if they would partner up with us and SHARE the pie instead of trying to take the entire treat... AND SOME OF THEM DO! They realize the befits for both businesses.
    ~ Di ~
    Bill & Diane
    Self Storage IS WHAT WE LOVE

  5. #5
    hurlco's Avatar
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    Default Re: Do Americans Need Self-Storage?

    Another blog written by the clueless, espousing the ridiculous, and venting on the siliness of our daily lives. Here's my take:

    1. Most stored objects depreciate in value. - Most purchased items, sitting in our back pocket or in our home, depreciate in value! The car that we drive, depreciates thousands of dollars in value the minute we drive it off the dealers lot. This is the nature of personal property. Property is stored, not to appreciate in value, but to remain useful for possible future use.

    2. Extra offsite storage promotes acquisition. - Bull crap! Americans have a strong tendency to acquire, collect and store, period. Once again, consumers store because the perceive a future need or they attach sentimental value to the items stored. In fact, I believe that once a person stores unused, not unwanted items, they tend to not acquire more of the same. For example, I have a friend that has a house in Lake Tahoe that is for sale. He removed some of his belongings because the house will show better with less furniture. Consumers more often than not, store, not to acquire more but to declutter their lives.

    3. Storage fees can be a financial drain. - Wow, what a naieve comment! Storage is simply an extension of the home, office or business. The reality is that all monthly purchases can be a drain. More consumers have other unnecessary drains on their budget than storage, i.e., cable w/premium channels, internet access (high speed), cell phone texting, unlimited long distance phone service, etc. We are not socialist, yet! Consumers make decisions every month on how best to allocate their limited resources. Any unnecessary expense when funds are limited are financial drains!

    4. Storage facilities often lack adequate security. Single family homes often lack adequate security! In fact, the average self storage facility spends more that most businesses in security precautions. High end facilities with door alarms, DVR's, cameras, etc., actually spend more than the average bank! We all lack "adequate security" when our stuff is stolen, whether it is in our car, bank account, office or home!

    5. If you can store it for years, you can live without it. No, if you store it for years, you believe that you need it, want it or treasure it. Storage is not always logical, but neither is keeping old college yearbooks, jeans in really good condition or the lava lamp you watched while you were "high" in high school.

    6. Unpaid storage bills equal secured debt. Secured debt? Oooh, how about your car, boat, house, timeshare???? Almost all of our indebtedness is secured in some way or another. It is a simple concept, you don't pay for it, you don't get to keep it. What would our capitalistic system look like if all debt was unsecured? Would interest rates be this low? Would credit be easily accessible if we could all simply walk away from our obligations. If we had to keep a tenants belongings indefinately or could only dispose of it after six month, you can bet your last Frito that the rates would be higher and every tenant would be required to submit to blood and urine tests to rent a storage space.

    7. Storage services are of questionable value. - Says who? What an amazing statement. There are over 49,000 self storage facilities in America representing enough storage space so that every man, woman and child could stand under a self storage roof. The consumer still has the ultimate say so and the market determines value, not bloviating bloggers who do not understand the free market system and who want to impost their liberal, left wing ideologies on all of us.

    Hey kids, if you don't need storage, don't use it! If you want to store stuff for any reason you so choose, do it and don't feel guilty about it. There are many things in life that we don't REALLY need and can live without. Here's a partial listing:

    Cell phones (pick up a landline), cable (read a book), NetFlix (Go to a real movie), Big Gulp's (drink water), fast food (cook at home), electric toothbrushes (manual is that hard?), text messaging (write a letter), GPS devices (buy a map), calculator (paper and pencil still works), EPT tests (wait long enough, you'll know), air conditioning (fresh air cures all), FedEx (does it really matter), bottled water (tap is free), Starbucks (perk at home), pre-cut lettuce (you mean cutting lettuce is exhausting?). I could keep going on and on and on and on an on an on...................
    Paso one, Kayleen, stoho and 8 others like this.
    "Freedom of speech, does not mean freedom from being offended. The Constitution does not protect your feelings..."

  6. #6
    Bill&Diane's Avatar
    Bill&Diane is offline Senior Member
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    Default Re: Do Americans Need Self-Storage?

    Quote Originally Posted by hurlco View Post
    Another blog written by the clueless, espousing the ridiculous, and venting on the siliness of our daily lives. Here's my take:

    1. Most stored objects depreciate in value. - Most purchased items, sitting in our back pocket or in our home, depreciate in value! The car that we drive, depreciates thousands of dollars in value the minute we drive it off the dealers lot. This is the nature of personal property. Property is stored, not to appreciate in value, but to remain useful for possible future use.

    2. Extra offsite storage promotes acquisition. - Bull crap! Americans have a strong tendency to acquire, collect and store, period. Once again, consumers store because the perceive a future need or they attach sentimental value to the items stored. In fact, I believe that once a person stores unused, not unwanted items, they tend to not acquire more of the same. For example, I have a friend that has a house in Lake Tahoe that is for sale. He removed some of his belongings because the house will show better with less furniture. Consumers more often than not, store, not to acquire more but to declutter their lives.

    3. Storage fees can be a financial drain. - Wow, what a naieve comment! Storage is simply an extension of the home, office or business. The reality is that all monthly purchases can be a drain. More consumers have other unnecessary drains on their budget than storage, i.e., cable w/premium channels, internet access (high speed), cell phone texting, unlimited long distance phone service, etc. We are not socialist, yet! Consumers make decisions every month on how best to allocate their limited resources. Any unnecessary expense when funds are limited are financial drains!

    4. Storage facilities often lack adequate security. Single family homes often lack adequate security! In fact, the average self storage facility spends more that most businesses in security precautions. High end facilities with door alarms, DVR's, cameras, etc., actually spend more than the average bank! We all lack "adequate security" when our stuff is stolen, whether it is in our car, bank account, office or home!

    5. If you can store it for years, you can live without it. No, if you store it for years, you believe that you need it, want it or treasure it. Storage is not always logical, but neither is keeping old college yearbooks, jeans in really good condition or the lava lamp you watched while you were "high" in high school.

    6. Unpaid storage bills equal secured debt. Secured debt? Oooh, how about your car, boat, house, timeshare???? Almost all of our indebtedness is secured in some way or another. It is a simple concept, you don't pay for it, you don't get to keep it. What would our capitalistic system look like if all debt was unsecured? Would interest rates be this low? Would credit be easily accessible if we could all simply walk away from our obligations. If we had to keep a tenants belongings indefinately or could only dispose of it after six month, you can bet your last Frito that the rates would be higher and every tenant would be required to submit to blood and urine tests to rent a storage space.

    7. Storage services are of questionable value. - Says who? What an amazing statement. There are over 49,000 self storage facilities in America representing enough storage space so that every man, woman and child could stand under a self storage roof. The consumer still has the ultimate say so and the market determines value, not bloviating bloggers who do not understand the free market system and who want to impost their liberal, left wing ideologies on all of us.

    Hey kids, if you don't need storage, don't use it! If you want to store stuff for any reason you so choose, do it and don't feel guilty about it. There are many things in life that we don't REALLY need and can live without. Here's a partial listing:

    Cell phones (pick up a landline), cable (read a book), NetFlix (Go to a real movie), Big Gulp's (drink water), fast food (cook at home), electric toothbrushes (manual is that hard?), text messaging (write a letter), GPS devices (buy a map), calculator (paper and pencil still works), EPT tests (wait long enough, you'll know), air conditioning (fresh air cures all), FedEx (does it really matter), bottled water (tap is free), Starbucks (perk at home), pre-cut lettuce (you mean cutting lettuce is exhausting?). I could keep going on and on and on and on an on an on...................
    AGREED ON ALL LEVELS! AGAIN I REALLY THINK THIS IS PROPAGANDA BY OTHER "BUSINESSES" TRYING TO CUT US OUT SO THEY CAN CHARGE MORE! DEMMIT I LIKE DA WAY YOU DO BINESS HURLCO! (from the movie "FOUR BROTHERS)
    ~Di ~
    Bill & Diane
    Self Storage IS WHAT WE LOVE

  7. #7
    Satyra From PhoneSmart is offline Senior Member
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    Default Re: Do Americans Need Self-Storage?

    #6 was kind of interesting... Is it true that customers still owe the past debt after the unit has been auctioned off..? I thought that was the purpose of the auction, as well as freeing up the space so that the unit could be rented again.

  8. #8
    Bill&Diane's Avatar
    Bill&Diane is offline Senior Member
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    Default Re: Do Americans Need Self-Storage?

    Quote Originally Posted by Satyra From PhoneSmart View Post
    #6 was kind of interesting... Is it true that customers still owe the past debt after the unit has been auctioned off..? I thought that was the purpose of the auction, as well as freeing up the space so that the unit could be rented again.
    We take it as a loss.
    The lien then auctioning of the items no longer makes it their property. It is ours to try to recoup SOME of the monies owed.
    We DO NOT get their SS# etc. for renting.
    I don't know about the big boys, they use debt collectors etc., but we don't report to any of the credit reports about the debt, hence it doesn't effect their credit. So there you go, it's unsecured debt for them in the end.
    We do how ever have the pleasure of holding any monies that surpass the rent owed for two years and have to try to find them to give it to them, isn't that a kick in the keister? LOL, In reality this RARELY happens though.
    ~Di ~
    Last edited by Bill&Diane; 26th September 2012 at 04:18 PM.
    Bill & Diane
    Self Storage IS WHAT WE LOVE

 

 
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