Self Storage Rental has become one of the fastest growth industries in the United States due to fact that so many people have a lot of stuff that needs to be stored. The basic model of the industry is that a developer builds a facility that is filled with a large number of individual storage units, which in turn are rented out individually to consumers that need to store belongings. Some state of the arts facilities offer total environmental control completer with heat, air conditioning, electricity, and sometimes even water. Many older facilities offer nothing more than four walls and a concrete floor. Self storage is a multi billion dollar industry that includes over sixty thousand storage facilities in the United States alone.
While the basic contract that most self storage rentals work by are month to month, long term options are becoming more popular. The modern storage unit dates back only about fifty years. Before the 1950s, there wasn’t a way to rent storage space that only the renter had access to. The innovation behind storage units was the idea that only the tenant would have access to the unit. The idea took many years before it really took off. But, since the year 2000, the industry has exploded.
Psychology describes a syndrome of not being able to rid oneself of possessions as hoarderism. Some psychologists have theorized that the expansion of the self storage industry in the United States correlates with a society wide expansion of the cultural phenomenon of hoarderism. This is what the self storage companies have seized upon, and that is what accounts for much of the expansion in the industry. Because of this, there are storage units to be rented in places that never had before seen storage units. It used to be that these businesses were only outside of town, in areas where there were large square footage tracts of land that were available for a very cheap rate and a business owner could easily and quickly put up a storage unit for those who needed a place to stash their things. But because of the exploding need for self storage units, they have started to pop up in much more desirable locations, so that those in cities who may only have access to public transportation are able to easily get to the self storage units as they are needed. There are old buildings in areas of town that have started to fall apart, but instead of having to get rid of them, the self storage companies will come in and transform them into individual storage units for those who are in need of storage that is near their homes and close to where they are able to get to them. This has added to the explosion of need, as they are closer and more easily reachable by those who may need them but were never before able to get themselves out to the suburbs to access the self storage units that were built out there. This is better for those who are living in the city.