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  1. #1
    SMSSId's Avatar
    SMSSId is offline Senior Member
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    Default State Enters the Storage Business

    Look like private business gets its opportunity to compete with governments. The state of Idaho has purchased a self storage facility with the intent on continuing the business.
    How the h@#$ do we compete with government businesses. This property has been removed from the tax roles. No more property taxes, no more personal property taxes.

    If they can do it with storage, what’s next? Maybe the purchase of a Government Motors dealership!! How about a Big Mac!!


    Associated Press http://hosted.ap.org/dynamic/stories...MPLATE=DEFAULT

    Idaho Statesman http://www.idahostatesman.com/2010/1...-business.html

    Any suggestions

  2. #2
    Autodoc's Avatar
    Autodoc is offline Mod eMeritus
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    Default Re: State Enters the Storage Business

    This is so wrong!

    I would guess if you dig deep enough you will find that this is not completely legal.
    Wayne
    Jamestown, ND


    All arguments can be resolved ... with high explosives and Humor!!!

  3. #3
    TheHive's Avatar
    TheHive is offline Senior Member
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    Default Re: State Enters the Storage Business

    i don't know how deep you'd have to go. it sounds bad as it is without any investigation

  4. #4
    Tom Litton is offline Senior Member
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    Default Re: State Enters the Storage Business

    I know that this is an anecdotal analysis, but, the Government competes with FedEx, but who is winning? The Govenment competes with private schools, but who is winning? Everytime Government attempts to compete in private business, they seem to do it poorly and private business seems to prevail, even though government has the advantage.

    I don't like this, I think it is wrong. If the State of Idaho wants to buy shares of stock in U Store It, or Public Storage, that would be a much better investment as the risk is spread over a much greater pool. Their purchase of a single facility is pretty myopic if you ask me. Once the consuming public finds out that the facility is owned and operated by the State, many will leave and others will be inhibited from renting.

    It is also unfair that they are not burdened with the same expenses of other competing facilities, however, from a microeconomic perspective, they will probably lower their prices to compete once occupancy begins to decline, thereby decreasing the value of the facility. Considering the unfavorable public perspective regarding anything associated with "Government", I only see disaster ahead for this facility.

  5. #5
    jcarlisle's Avatar
    jcarlisle is offline CM Emeritus, Reg. Member
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    Default Re: State Enters the Storage Business

    I know we have a few regular posters from Idaho on here. I'm eager to see their reactions to this and to see if they have any more info.
    John Carlisle
    Community Manager Emeritus
    Still a Big Fan of Self-Storage!
    www.chicagoprowriter.com

  6. #6
    MusicCity Gal's Avatar
    MusicCity Gal is offline Moderator
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    Default Re: State Enters the Storage Business

    This is crazy! Tom makes some great points and I am like John, anxious to hear what others in Idaho have to say. I know how I would compete. Do you REALLY want to store your personal belongings in a government owned self storage facility? Doesn't Big Brother know enough about us already??
    Stephanie Tharpe
    Operations and Marketing Specialist
    A+M Group, LLC
    Nashville, TN

  7. #7
    Mel Holsinger is offline Senior Member
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    Default Re: State Enters the Storage Business

    Quote Originally Posted by MusicCity Gal View Post
    This is crazy! Tom makes some great points and I am like John, anxious to hear what others in Idaho have to say. I know how I would compete. Do you REALLY want to store your personal belongings in a government owned self storage facility? Doesn't Big Brother know enough about us already??
    Wow,
    I agree with Tom & Others but this stuff REALLY makes me mad.

    We need to get people into office who will reduce the amount of government in our life, not increase it. If I was in this market I would be making a "HUGE stink" about this to the press, etc.

    Not fair that we have to pay property taxes but they do not?

    Humm
    Mel Holsinger, President
    Professional Self Storage Management, LLC
    3434 E. Kleindale Ste. E
    Tucson, AZ 85716
    O: 520.320.9135
    F: 520.320.9435
    www.proselfstorage.com

  8. #8
    Tom Litton is offline Senior Member
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    Default Re: State Enters the Storage Business

    Quote Originally Posted by Mel Holsinger View Post
    Wow,
    I agree with Tom & Others but this stuff REALLY makes me mad.

    We need to get people into office who will reduce the amount of government in our life, not increase it. If I was in this market I would be making a "HUGE stink" about this to the press, etc.

    Not fair that we have to pay property taxes but they do not?

    Humm
    Hey Mel! Love your posts!!!!!!!!!!!!!!!

    Mel and I remember when the military decided to put self storage facilities on military bases. As a matter of fact, one of our old managers became the head of the management group that oversaw the day to day operations. I saw him in the airport about 15 years ago and he told me that many of the military members would not rent on base as they were tired of the government controlling their lives. When I was in the military, I lived off base, even though base housng was clean, safe and secure. Americans love freedom. The freedom of limited government, unlimited opportunity and the peaceful, quiet enjoyment of our lives.

    I agree with Mel, the self storage owners in this market should raise Cain about the unfair playing field and continual intervention of government in our lives.

    Like Mel said, GET OUT AND VOTE!!!!!!

 

 
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