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Florida rents are $172 above the national average rates, as of February.
Absorption is typically closely tied to new job creation.
The differences within regions can be stark.
Reducing investment will escalate the costs and risks of aging infrastructure.
A new Redfin report shows Gen Z homeownership rates have stagnated since 2022.
The United States added nearly 2.2 million people in large metros last year.
While there has been a spike in store closures, these spaces will attract backfilling.
Rentership is much higher in pricey coastal markets.
Transportation and rent savings make a powerful duet of attraction for consumers.
The national self-storage inventory now exceeds 2 billion square feet.