The U.S. self-storage market is generally considered to be more attractive than the Canadian market for several reasons:

Greater demand: The U.S. has a much larger population and a higher population density compared to Canada, which leads to greater demand for self-storage. Additionally, the U.S. is home to many major metropolitan areas, which tend to have a greater need for self-storage.

More mature market: The U.S. self-storage market has been around for decades and is considered to be more mature than the Canadian market. This maturity means that more data and research is available to investors, making it easier to evaluate the potential of a self-storage investment.

More favorable regulations: The U.S. self-storage market is generally considered to have more favorable regulations compared to Canada. This can make it easier and less expensive to start and operate a self-storage facility in the U.S.

Greater liquidity: The U.S. has a larger and more liquid real estate market compared to Canada, making it easier for investors to buy and sell self-storage properties. This can be especially important for investors who want to exit an investment quickly or who want to take advantage of market fluctuations.

Greater economy of scale: The U.S. self-storage market is larger than the Canadian market, which means that there are more opportunities for investors to benefit from economies of scale. This can include lower operating costs due to larger volumes of customers, and the ability to purchase supplies and equipment at lower prices.

It’s worth mentioning that, while the U.S. self-storage market is considered to be more attractive than the Canadian one, it’s important to note that each market has its own characteristics and opportunities. It’s always recommended to do thorough research and analysis of the market and the specific location before making any investment. Additionally, it’s important to be aware of the different regulations and laws that apply to self-storage investments in each country, as well as the tax implications of investing in a foreign market.

In conclusion, the U.S. self-storage market offers a more mature and well-established market, more favorable regulations, greater liquidity, and more opportunities for economies of scale. These factors can make it a more attractive option for investors looking to invest in the self-storage industry. However, as with any investment, it’s important to do your due diligence and research before making a decision.