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#23
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Plus, the modern market has been crashing hard and "investors" of the past couple of years seem over-leveraged in depreciating assets. If PSA hired 1,000 more and bought buildings to put them all in, it may not be the best decision in the long run. They have already announced their intention to open up multiple remote locations, but Southern California is an expensive place to run a company based on near minimum wage labor, with $500K houses the norm.
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-- PWCC: The Fish Stinks From the Head PSA: Regularly Get Cheated BGS: Can't detect trimming on modern SGC: Closed auto authentication business JSA: Approved same T206 Autos before SGC Oh, what a difference a year makes. |
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