Useful Information Regarding Farmington Self Storage

By Donald Campbell


United States citizens are reputed for maximizing consumerism. In regards to automobiles, clothing, food, houses, storage space and other things, Americans usually want the most or the best. The increase in the square footage of homes owned by Americans currently as compared to a few years ago is a clear indication of this. According to research, there has been a significant increase in size of homes in the US in the past few decades. This is worth knowing about Farmington self storage.

This huge demand has greatly influenced the growth of self-storage Industry. Records show that the industry has rapidly grown to a huge size over a few decades, with the number of storage facilities reaching thousands. These facilities cover millions of square feet and are available for lease to the public who store their properties.

Private citizens own a huge chunk of this industry, with more than 80 percent of all facilities being under the ownership of individuals. Companies only own the remaining 20 percent as the government does not own any facilities that it leases to the public. The regulation and enforcement of standards is left in the hands of the government.

The facilities are mostly used by individuals basically to store home appliances and other personal items. Most of the stuff that people usually store in these facilities are extras which cannot be accommodated in their homes. Therefore, there is need to get extra space outside the home where such items can be kept.

Besides people storing excess belongings, they also use these facilities to store belongings when they are moving. When one is moving out of or into a new place, they may need somewhere to keep their belongings for a while. These facilities turn out to be a perfect solution in such cases. One can store their belongings as long as they want in these establishments.

Businesses are increasingly beginning to use these establishments despite individuals making the majority of clients. As per recent research, 30 percent of clients are now businesses. Self storage is an impeccable option for businesses, especially as businesses continue to experience an increase in their storage needs. The need for storing extra merchandise is very important, especially to firms that are expanding rapidly.

The idea of self-storage facilities did not originate in US even though US dominates the industry currently. The idea was initially implemented in England in 1850s where the first storage facility was established. Banks owned the first facilities because people entrusted their valuables with banks whenever they had to travel.

As the industry grew exponentially, there was congestion in bank vaults. This made the banks to start turning to moving companies for space. The first mini self-storage facility was then opened a few years later. The first facility in the US was opened in the State of Texas in 1960s. The number of the facilities has greatly grown with all states having many units.




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