Revealing The Gap Between Street and Web Rates

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KEY INSIGHTS: 

  • 2018 to 2020 (Pre-COVID): Discounting Rose by 50% as Self-Storage Demand Softened and Supply Increased
  • 2020 to 2022 (COVID): As Self-Storage Demand Boomed After COVID, Rates Spiked and Discounting Decreased by 50%
  • 2022 to 2024: Softening Storage Demand Since 2022 Increased Discounting by 120%
Self Storage Discounting 2018-2024

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