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The hottest US business right now is storing people's stuff

For operators of self-storage facilities, low operating costs and high demand have translated into fat margins

Published Wed, Jun 14, 2017 · 09:50 PM
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New York

A DAY hardly passes without the US retail industry sustaining fresh wounds as malls and outlets shut their doors. Americans are still shopping, though - online, in their pyjamas - and physics dictates that their new stuff, and old stuff, go somewhere.

Welcome to the renaissance of self-storage.

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