Industry Forecast 2015 Is Greater Competition On The Horizon?

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When considering the outlook for the self-storage industry in 2015, a good place to start is the stock market. Like the stock market, the self-storage industry has been on a bull run for the past couple of years with transaction volume up, rental rates climbing, occupancies falling, and capitalization rates declining (falling cap rates indicate rising values). Can the forward momentum of the previous year stay the course for 2015 or will things begin to slow down?