Article entered 2023-11-24 23:30:00
Article modified 2023-11-24 19:31:41
The only thing I can trust is my home/Chae Shin-hwa, Na Won-sik, Lee Sang-won/About a Book/22,000 won
In Korean society, ‘real estate’ is still a burning topic of conversation. From the MZ generation to the retired elderly who have ‘one house of their own’, Korean people start their day with ‘home’ and end their day with ‘home.’ There are many different predictions surrounding how house prices, especially apartment prices, will move.
This book, published by ‘Bizwatch’ reporters who have been covering real estate for a long time, deals with the housing price issue, which is an unavoidable ‘desire’ in Korean society. The authors, who are real estate journalists, visited various reconstruction and redevelopment areas and sales sites in recent years when housing prices have been on a roller coaster, and selected and analyzed key information that must be known when investing in apartments. It contains over 90 types of investment knowledge on whether you can realize billions in asset growth with just one house and whether you can avoid the risk of becoming a beggar by lightning.
Chae Shin-hwa, Na Won-sik, Lee Sang-won/About a Book/22,000 won
The authors covered key investment issues through on-site reporting. Strategies for increasing the height of apartments in reconstruction (floor area ratio), correlation between land share and additional contribution, how to receive a newly built apartment in Gangnam without a subscription account, the pros and cons of investing in a ‘rotten commercial building’ in apartment-commercial reconstruction, Gangnam Apartments Analysis of people’s rights, sorting out the pros and cons of unsold apartments across the country, the impact of landmark apartments in redevelopment and reconstruction areas in major areas of Seoul on nearby market prices, etc.
It also includes ways to avoid ‘lease fraud’, which has recently become a big issue in Korean society, and a way to calculate the appropriate price for jeonse and monthly rent. Lastly, we pointed out the tax relations related to housing, such as capital gains tax, comprehensive real estate tax, gift tax, and inheritance tax, as well as signals that read the flow of housing prices, such as interest rates and statistics.
