Posts by Alden Chang

As we navigate out of the pandemic crisis, we expect previous macro industry trends to continue, and even accelerate. One trend is new starts. Existing stores may start seeing additional competition as new store development resumes. Sometimes, a store may even show up right next door. Perhaps the new store may even share the same…

To better understand how self-storage operators managed their pricing during the onset of the Covid pandemic, Veritec Solutions analyzed self-storage website pricing of approximately 10,000 stores from January through mid-June 2020. The stores were operated by slightly less than 1,000 companies. Data was collected daily from facilities in California, Florida, Georgia, Illinois, North Carolina, Ohio,…

As of this blog, 96.7 million people in the U.S. have been fully vaccinated, or over 29% of the population. 141.8 million people have had at least one dose, and 67.9% of all seniors are fully vaccinated. We can be optimistic in seeing such high vaccination rates in so short period of time. No doubt, there…