Comment by shrubble
18 hours ago
Storage unit rental went from $90 in 2014 to $110 about 2017, but then was acquired by CubeSmart which is publicly traded: now $241 per month. I know the local taxes and they have stayed about the same all those years.
Storage units are the way station to the thrift store / city dump.
I had a storage unit for a while until I realized that the monthly bill was more than the value of the contents.
>I had a storage unit for a while until I realized that the monthly bill was more than the value of the contents.
For every one of you there's a few people using it as business storage and dozens of people who are dealing with living situation stuff (college housing vs apartment, house closing timing, job relocation, house renovation, etc, etc, etc) that trade in and out of units on like a 1-2mo timeline.
Source: Almost bought one.
I’m beyond peeved by the inability to get any sort of price guarantee from these places more than 3 months in advance.
I’ve even offered to pay for several years in advance at their “current” rate, and they won’t accept it.
My behavioral economics pricing idea for storage unit is to charge $1 for the first month but then double every month (or something like that). You shouldn't put stuff in storage long term and you're getting ripped off.