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The 1% rule is indeed a estate investment term that investors use to find out whether a particular purchase will be worth making. If you’re investing in a big property, for instance, or buying a property within an up-and-coming neighborhood that isn’t likely to see strong returns right away, you may choose to shirk the 1% rule while keeping focused long-term instead. Whatever you do, never come to a decision to acquire a good investment property depending on receiving a tax deduction - always give attention to making the best investment choice. Don’t give attention to the risks alone (if that’s what everyone did, nobody would ever buy an investment property), but don’t ignore them either. Are you prepared to sell the property if you need to? Eventually, the economy and borrowers should follow market forces. The local market economy could change. Additionally, the UK housing industry has always been resilient even through economic and political uncertainty. Even now, many commercial establishments are already planned within the city that could give good returns.
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