About a year ago, two pioneers of the Australian self storage industry, Dallas Dogger and Sam Kennard, reported in Inside Self-Storage that the Australian self storage market was starting to decline. New inquiries about self storage in Australia had, as of last November, dropped about 10 to 20 percent from their peak in 2007 and 2008, possibly in response to the global recession. Earlier today, though, several investors reported in The Australian that the Australian self storage market is beginning to heat back up.
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