With consumers suffering from layoffs and foreclosures, self-storage operators in St. Louis and nationwide are doing whatever they can to keep units full and paid, including being flexible and making concessions.
May 22, 2009
With consumers suffering from layoffs and foreclosures, self-storage operators in St. Louis and nationwide are doing whatever they can to keep units full and paid, including being flexible and making concessions, according to an article in the St. Louis Post-Dispatch. Even the recession-resistant self-storage industry is feeling the pinch of the tightened economy, and operators realize negotiations are sometimes necessary. Some are offering price breaks and promotions, and being more forgiving when it comes to delinquent customers.