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Are the shops in Europe Street in Shanghai worth investing?
The store itself is a place or tool to make money. The real economy has always been strongly advocated and encouraged by the state, and the current government policy will also encourage people to invest and start businesses. Moreover, in second and third tier cities, the price of shops is 3-5 times higher than that of houses, so the future development is still good. After all, this is also real estate. In addition, now the house is not only limited in price but also restricted in purchase, and real estate can only be commercial. Shanghai Zhong 'ou Street is the most cost-effective commercial street in Shanghai, with the largest jewelry art theme museum in the world and the largest glass dome in Asia. Moreover, shops are long-term investment projects with stable profit margins, which basically increase every year, and the prices of shops will rise with the rental return rate. The average annual rent of mainstream shops in the first ten years can reach 8%- 10%, and the highest return on residential investment is only 2%.