>ITT: business models that will die with boomersMini storage is a big one. It's only kept alive by boomer hoarders with decades' worth of worthless crap they cling to for no reason. Nobody under the age of 55 or so has a mini storage. Every boomer I know has one or more. Short the mini storage industry.Casinos are another obvious one since only boomers have the disposable income to gamble most of it away.
>>60997908>mini storageProbably in decline I agree, but will always be a necessary service especially as we're forced into pods. >CasinosAgree here but idk people are retarded.I'll add RVs, massive ugly bloatware on wheels. IDK anyone younger than GenX buying any.
>>60997908Self storage doesn’t exist to make money from operations. The business model of self storage is to buy land areas you think will appreciate. Then you rent out storage units just to pay for property taxes. Then 20 years later you make money by selling the land to an apartment developer. That’s why all of the trendy parts of town have much more self storage than both the developed parts and the parts that are staying shitty
TV channels (if not TV as a whole) such as the home shopping network ones, religious ones, religious RADIO programs
>>60997908>CasinosNah, the blacks will keep most of them in business.
>>60997908Self storage is absolutely booming and will continue to do so under Gen X and Millennials. Americans love to buy "stuff" and always need places to put it.
>>60998561thisspace is never getting more scarce unless the area has people leaving due to crime
>>60998602So it's more profitable to force blacks and migrants into new areas, driving up the value of neighboring areas?
>>60997908>>60998561It’s fucking insane how retarded people are who have storage units. I have multiple boomer family members who have maintained a storage unit for DECADES. Just thinking of the money they threw away and the opportunity cost, it’s literally hundreds of thousands of dollars. And for what, to store some old dusty moldy furniture? It’s so mind blowingly moronic.And these family members aren’t even rich, they could really have used that money. At the very least it’s their children’s inheritance that is being squandered
>>60998627I have this one boomer relative who probably blew at least 1 million dollars on a combination of storage units, impulse spending, and donations to (((charity))). Best part is his kids suffered layoffs during the 2008 recessio, ruined their careers and are now seriously struggling. His kids could have really used that money. He died recently and there’s almost nothing left in the estate after the in home care that ran 1M+ over the last several years
>>60997908>only boomers have storage lockersmid wit takeI have a storage locker for various reasons. personal itemsauto partsequipmentchemicals etcI've noticed most of the customers at my storage place are businesses. one of them is pet food business, I can smell it when I walk by their lockers. Warehouses and storage lockers are big business and the increasing cost of land makes them more and more profitable
Idk if the fent zombies and other various homeless people (sorry, bros, I know it's hard out there) have reached your city yet but zoomers and millennials are going to be evicted en masse soon. The economy is clearly failing and the signs are everywhere. You don't need to read zero hedge to see it, just go outside. Read Facebook. My local city's facebook group is all people begging for money with various excuses. When the mass rentoid holocaust happens, people are going to be stealth camping in these things and owners are going to look the other way until some major liability crisis happen. There might be fewer of these facilities and they might cost a little more, but they're not going away entirely. The other thing to consider is that the business model is fundamentally predatory, like payday loans and pawn shops.
>>60998246Most people younger than GenX will end up living in one.But I'm a Millennial and I have a 24footer for the family.It's actually a money saver if you like to take a few vacations a year. Highly recommend.$50,000 get you one big enough to sleep a five person family and doesn't even use that much gas.
>>60998645>nothing left in the estatethis notion that you're entitled to money when your parents die is very new and very strange
>>60998799>zoomers and millennials are going to be evicted en masse soon. The economy is clearly failing and the signs are everywhere.you people have been talking about a housing collapse since like 2015 and nobody's buying it anymore
>>60999312bullshitpeople used to inherit the fucking farm
>>60999312>this notion that you're entitled to money when your parents die is very new and very strangeIt's the opposite. Idea that parents spend the lot and rely on pension/social security if they live longer than expected -leaving their children nothing- is a boomer invention. Government sticking its hands in for a substantial slice of the inheritance is also relatively new, depending on country.
>>60998830I see vans and such being much more popular options than RVs personally.
>>60998799why do we do this to ourselves? like this AI stuff causing job market turmoil. fundamentally something that frees us from labor and tedium should be a blessing. I couldn't imagine how stoked I'd be about a technology that could write bullshit English papers for me if it was released when I was student, for example.
>>60997908Since birth, the Boomers have been such a large group that they have built whole industries by their collective demand: first baby food, then toys, then teenage-appeal cars, then family-appeal cars... now it's retirement homes, and soon enough it will be funeral services. In 5-10 years, funeral services that expanded and leveraged to meet demand will, quite literally, die with boomers.
>>60998627they're fucking expensive where i am. i want to move overseas for a while, but want to keep my tools and some other shit I've accumulated over the years. I could get away with the smalled storage unit easily (1.5x2m) and it is still $1500 dollaridoos per month.
>>61000075per year, rather. $125 per month
>>60998354I got called a schizo for this because there are dozens of storage car washes around the downtown area in my city. Way too many for demand>>60998515The ironic thing about this is that all of the streaming services are merging together and offering packages with advertising just like cable used to do
>>60997908A lot of people might be living in tiny apartments so they might want to rent storage space nearby.
>>60999312Bait.The notion of inheritance is older than the notion of money. In ancient times primogeniture was the norm, meaning the entire estate was bequeathed to the firstborn son. This didn't mean that the siblings got nothing. It just meant that ultimately the firstborn son was in charge, in the sense not that the family wealth was his and his alone, but in the sense that he was just the temporary custodian of it for the duration of his lifetime, and it belonged just as much to his family and his ancestors as it did to his decendants. It wasn't for him to wastefully spend it. He had a responsibility to his family and ancestors to preserve it and grow it so that the wealth could maintain the family for generations to come.
>>60997908hard to say, on the macro sense bad financial times lead to people needing units
>>60999312YOU ABSOLUTE FOOLFathers trained their sons in the family business, whether it be hunting, farming, blacksmithing, whatever, and passed down their land and tools etc.YOU KNOW NOTHING
>>61000949>Fathers trained their sons in the family business, whether it be hunting, farming, blacksmithing, whatever, and passed down their land and tools etc.Yes. This assumed that sons were a useful part of the family business and pulled their weight early on, working alongside the fathers in the workshop full time, like from age 12 or so. So when fathers got older, sons took over the heavy work while father moved into an davisory role, sons continued providing for the fathers until they died.
>>60997908These will be converted in microapartments to support the illegal Immigrants
>>60998830The used, small van cost more than the larger ones now. A large motorhome isn't very stealthy compared to a tricked out van.
I'm gonna be real: I didn't even know ministorage was a thing. You Americans are insane in the head.
>>60997908Except when boomers will die off, you will be older and you will replace them and you will have hoarded a bunch of useless shit and you'll cling to it because you will be afraid of death and the impermanency of all things, desperatly trying to something you can relate before inevitably being sucked in the eternal abyssTLDR:have sex before being stuck in eternal nothingness
>>60997908Real estate zoning laws will change and these will be turned into low income homes
