Contributing Editors

Two Things Needed for Self Storage Facilities in Asia

by Tony Gonzalez April 1, 2014 9:19 PM
In the United States, self storage is a $24 billion dollar business. Publically traded self storage businesses continue to out perform the S&P 500 and there are over 50,000 facilities in the United States. But, how is the self storage industry in Asia?

In places such as Singapore, Japan, and Hong Kong, the self storage business is flourishing. But, in two of Asia’s largest markets – India and China – it is non-existent. [More]

Self Storage Industry Starting to Catch on in China

by Tony Gonzalez July 19, 2012 8:52 PM
Trends are fickle, fickle things. You never know when one is going to blow up and become part of mainstream society or if it will fizzle and die quicker than the cutest kitten video on YouTube. It’s nice to be the trendsetter, but no one wants to be the loser that is ‘so five-minutes ago.’ [More]

To Appreciate the Future of the Self Storage Industry it Helps to Know the Past

by Tony Gonzalez October 3, 2011 6:37 PM
How many of us have been told at one time or another that we don’t appreciate what we have? Did the accuser follow that statement up by talking about how when they were kids that they used to walk to school in the snow up hill, both ways (and they liked it)? [More]

China and India Outpacing U.S. in Consumerism

by John Stevens June 30, 2011 8:46 AM
Consumerism is what drives the self storage industry. The more people acquire, the more room they need for their stuff. And as people downsize, the availability of space in a typical household shrinks. But a love of shopping might be slowing down in America today as compared with consumer-giants China and India, according to a new survey. [More]

Asian Wine Collectors Anticipate Fall Auctions in Hong Kong

by Winnie Hsiu September 16, 2010 3:49 PM
In a personal finance article at the end of August, U.S. News & World Report senior editor Kimberly Palmer argued that collecting expensive bottles of wine is a waste of money. She points to a study done by Stanford Graduate School of Business and California Institute of Technology researchers, in which people offered a taste of the same wine in two different glasses insisted that the one labeled with the more expensive price tasted better. Serious wine collectors, though, would disagree. This fall’s wine auctions at Christie’s and Sotheby’s in Hong Kong will cater to the most serious wine collectors in the world -- most of whom will not actually taste the wines they buy at auction, but will instead store them as an investment, in climate-controlled storage units that have their temperature and humidity recorded every few seconds. [More]