Why Self-Storage Real Estate Can Make Investors a Fortune
For months on end, experts have been sounding warnings about a potential recession. The Federal Reserve has been hiking interest rates in an effort to slow the pace of inflation. It's hoping to achieve that ideal soft landing where consumer spending drops just enough to narrow the gap between supply and demand that's been causing inflation to soar.
But that's a tough balance to strike, so it's fair to say that the risk of a near-term recession does exist, even if it ends up being short lived.
That's why it's a good idea to load your portfolio with investments that are not only moneymakers, but also have the potential to thrive during periods of economic decline. And self-storage REITs (real estate investment trusts) fit the bill in that regard.
Source Fool.com