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clock Created with Sketch. 16/08/18
13:37
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Originally posted by kiwisteve1968
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In a way there is a very deep moat, the thing about the storage business is that when you build a facility it takes up to 5 years to slowly fill up and then once it gets to 90% capacity it will stay there, once customers have thier stuff with you it stays for a long time and even if another place opens next door the vast majority of people will not be bothered to move their stuff to save 10-20 dollars a month .
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Interesting perspective on it kiwisteve, I hadn't thought of it in exactly that way.
(20min delay)