Recession In 2022? U.S. Self-Storage Says Bring It On Self-storage is sometimes called a "recession-proof" asset class. It has a history of profitability even during the worst of times — such as in 2008, when the sector eked out positive returns of 5%, even as every other asset class suffered. So, with the prospect of a recession looming once again, self-storage's mettle might be tested again. Developers and investors are betting that the sector will triumph once more in a downturn, and coming off a strong 2021, self-storage development is strong in many U.S. markets and investors are buying the properties with gusto. 
"Self-storage has proven over time to be recession-resistant, and if we're not already in a recession, we are certainly headed for one," said NAI Horizon Executive Managing Director Denise Nunez, who is based in Arizona and specializes in self-storage.The property type offers a safe haven…  Read the full story here. | 
