For those who are putting off buying a home while aiming for a subscription, I would like to advise them to consider investing in redevelopment and reconstruction.
There is a secret to making home ownership a breeze while maintaining your subscription score.
Redevelopment and reconstruction are also good opportunities for those who are thinking about purchasing a home and paying off the principal and interest over 30 years.
This is because it is like purchasing a new apartment in advance that will become the leader of the so-called 'high-class area'.
Some people say, “Where I live now is fine, so why should I move to a more luxurious place?”
However, there is no reason to hesitate to move to a more livable area or to a higher-end area where prices will rise further in a rising market due to higher commodity values.
Because it is absolutely necessary to improve the quality of life and accumulate assets.
If my entire fortune, a house, were worth 300 million, 500 million, or even 1 billion won, how much lighter would my steps on the way to work be?
---From "Entering"

The redevelopment cases I mentioned earlier are only a few.
There are places where redevelopment is underway, 15 years ago, 5 years ago, and even now.
A place that you pass by without a second thought, thinking, "Why are the houses here so old?" could later be transformed into a large apartment complex with over 4,000 households.
In fact, placards are hung dozens of times during the course of a business, but most people do not pay attention to them.
Then, as you start digging, you slowly realize that something is changing.
After the property has been transformed into a large apartment complex, there are always people who regret, "I should have bought it then." It's far better to study ahead of time than to regret later.
If you want to become the protagonist of a miracle that turns an old house into a new one, why not start preparing now?
---From "01 The Charm of Redevelopment and Reconstruction that Creates Huge Change"

Do redevelopment and reconstruction really take so long? As I'll discuss in more detail later, redevelopment and reconstruction are carried out through a number of procedures.
Each step of the process brings us closer to a new apartment, and it usually takes about ten years for the association to be formed, people to move in, houses to be demolished, and new homes to be built.
Ten years? Isn't that a long time? That's right.
However, after purchasing a redevelopment/reconstruction property, there is no need to wait until the apartment is completely built.
If you make a profit in the middle, you can sell it at an appropriate stage.
… Remember that the redevelopment/reconstruction investment period may be the same as, or even shorter than, the apartment gap investment period.
Moreover, while a basic apartment becomes an older apartment 4 years after purchase, a redevelopment/reconstruction property becomes closer to a new construction as time passes after purchase.
The real appeal of investing in redevelopment and reconstruction is that you can 'buy something that will be new in advance.'
---From "02 Four Reasons Why You Should Invest in Redevelopment"

Is it really an investment that just anyone can't make? For those who are vaguely afraid of investing in redevelopment, I want to encourage them by saying that I, Jin Wise, have done it too.
I was just an ordinary person who jumped into the world of redevelopment because I wanted a new apartment to live in with my family.
I bought a villa in a redevelopment zone and, from then on, I learned things one by one and grew as an investor.
It is absolutely not necessary to know everything that happens at each stage of redevelopment and reconstruction investment to invest.
Of course, you have to be familiar with about ten terms and procedures, but I can say with certainty that it is no more difficult than solving predicted driver's license test questions.
In other words, if you are familiar with about 10 terms and procedures, you can jump into redevelopment and reconstruction investment and increase your assets through this.
---From "02 Four Reasons Why You Should Invest in Redevelopment"

After I started my first investment, I saved up seed money and made a second investment.
The redevelopment project for the first property I purchased was not progressing as quickly as I had expected, so I decided to push ahead with the investment thinking, 'Then let's try purchasing another property in an area with a fast development rate.'
This time, we purchased a 30-year-old villa for 95 million won and set the lease price at 55 million won.
This investment, which cost me 40 million won, was also a huge success.
The area in question was also allocated 34 pyeong, and its current market price is approximately 900 million won.
… It was ultimately beneficial that I didn’t have to take out a loan.
I worked hard to save up 50 million won in seed money for my first investment, and then worked hard to save up another 40 million won for my second investment.
Since I bought a house without a loan, I didn't have to struggle with paying interest.
This is why we need to pay more attention to redevelopment investments in times of high interest rates like now.
---From "03 If Jinwais did it, you can do it too"

Usually, when people who own a single house have financial means, they try to move to a larger apartment in the same area.
This doesn't mean much other than making the house a little bigger.
Could you consider moving to a "high-end" location that will further increase your property value through redevelopment or reconstruction? There are several options.
First, there is a method of moving into an apartment scheduled for reconstruction in a higher-class area.
In the case of redevelopment areas, the surrounding areas are underdeveloped, making it difficult to live there.
However, reconstructed apartments are already habitable because the surrounding infrastructure is already in place.
… Alternatively, you can use the proceeds from selling your current, ‘relatively less-sophisticated’ home to purchase a membership right to a ‘sophisticated’, higher-end property.
The right to move in refers to a property after it has been managed and disposed of. Properties at this stage are generally reborn as new apartments after 5 to 6 years.
This means that by purchasing a right to move in, you can move into a large-scale new apartment complex in a high-end area in 5 to 6 years.
---From "The Magic of Redevelopment and Reconstruction That Even Homeless People, Single-Home Owners, and Multi-Home Owners Are Amazed by It"

It happened about 10 years ago.
After my junior A found out that I was investing in redevelopment and reconstruction, he told me that he would definitely start his married life by investing in redevelopment.
After asking me this and that and struggling to study, he really did buy an old villa in a redevelopment area in Bucheon-si, Gyeonggi-do as his new home.
… A’s investment in Songnae 1-2 district, which started with an investment of 50 million won, was successful.
The most recent transaction price of the 84m2 Type A currently owned by A is approximately 850 million won.
After deducting the additional contribution of 300 million, the profit was approximately 500 million.
This is something an ordinary housewife did.
If A did it, and if I did it, I'm confident that anyone can get good results by investing a little money, time, and sincerity.
---From "Purchasing at the 14th stage of union establishment and moving into a new 34-pyeong apartment"

If I had told you back then, would you have followed me and bought an older apartment? Even though it was an old apartment built about 25 years ago, it was in the heart of the city and a prime school district, so would you have believed that its value would rise first when the market trend improved? And if I had told you that the value would change after about five years as the reconstruction period was completed, would you have understood? Even if you had bought it, would you have been able to endure two or three years of market price stagnation? Of course, there are people like that.
It is 'a person who studies'.
I can say this with confidence.
He said that after we get through the current 'bear market', there will come a time when things that were undervalued will be properly evaluated.
… Let’s study, research, and get out there and do it ourselves.
Then, you can catch items that are being sold by people who are not aware of their value and are being sold for much less than their fair value due to interest rates.

---From "In Closing"