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Happy_Confection90 OP t1_iy68veo wrote

Reply to comment by Bgoodspeed in What the heck is everyone storing in NH? by Happy_Confection90

According to this website about self-storage statistics, not only does NH have almost a square foot more per resident's worth of self storage than the national average, NH has by far the most square footage of self storage in any New England state. Like, nearly double some other New England states.

https://www.selfstorage.com/

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Bgoodspeed t1_iy6b3w8 wrote

It’s definitely getting overdeveloped. It’ll stop once new units go up and sit empty and all these bozos who built without doing proper due diligence go underwater. It’s also a “hot” asset class so people are chasing the run. There are a lot of people who think it’s easy money, it’s not, and can be ops heavy.

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occasional_cynic t1_iy6jhdh wrote

I wonder if the lack of sales tax has people from other states storing stuff here too. But like you, I have definitely noticed the ridiculous amount of self-storage, especially in southern New Hampshire.

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