Joe DownsCEO & Co-Founder, Belrose Storage Group. Founder, Storage Moguls.

Regulation Creates Permanent Demand

26 Mar 2026 · 1 min

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Joe Downs explains how regulations and HOA rules create permanent demand spikes. Suburban Boston boat and RV storage facilities have year-long waiting lists because successive bans and ordinances keep shrinking available space without reducing the number of people who need it.

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Every new ordinance, every new HOA rule, every new municipal ban adds more tenants to the pool permanently because the regulatory trend is one directional. It doesn't reverse. Let me make this concrete and with a real market as an example. So in dense HOA markets like suburban Boston, I like to use this example because I know some people up there. The waiting list at a boat and RV facility can run a year or longer. Not weeks, a year. That's a tenant signing up in September and being told they might get a space by next September. So why does this happen? Well, the conditions are stacking on top of each other.