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10 teenagers who know a little about real estate
10 teenagers who know a little about real estate
Description
Book Introduction
"Everything About Real Estate," Explained at a Teenager's Eye Level
In a world where the land is valued more than sweat, we seek new alternatives.


There are frequent storms in Korea.
The real estate speculation frenzy! In this world, land makes money faster than sweat makes money.
Is this truly true? This book was conceived in response to the pressing need for a "real estate book for teenagers" that examines wealth inequality caused by real estate issues and explores fair distribution.


"Teenagers Who Know a Thing About Real Estate" helps teenagers understand the concept of real estate, how land and houses mean to people, when land transactions began, how it accumulates as property, and how it connects to human rights issues, all at a level that is accessible to teenagers.
Additionally, it was designed to allow comparison of two different perspectives on whether land should be viewed as a public good (land public concept) or as private property of individuals, and to consider new alternatives that would satisfy both parties.
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index
Opening Remarks - Places Are Disappearing

Chapter 1: Not all products are the same.
Real Estate: Where to Live or What You Live For?
Real Estate: What's Different?
There's something special about the real estate market.

Chapter 2: This is unique to Korean real estate
Apartment Republic
Why are there so many apartments?
Land prices have soared 4,000-fold in 50 years?
The birth of Gangnam

Chapter 3: Why is real estate a problem?
Real estate unearned income
South Korea, mired in the swamp of unearned income
Real estate inequality and polarization
Real estate is taking sides
Economic Crisis - Real Estate and the Bubble Economy

Chapter 4: No one is above people? Real estate is above people!
People Being Kicked Out of Their Nests - Gentrification
The Wanderers - Housing Poverty
Is there no solution?

Chapter 5: Two Perspectives on Land
Land is private property
Land is public property - common property
Benefits from land are shared by all - the concept of public land

Chapter 6: Finding an Alternative to the Real Estate Problem
Will increasing supply solve the problem?
Housing rights as a universal right
Let's collect more taxes
Let's collect land holding tax

Closing Remarks - A Society That Values ​​the Land More Than Sweat
References

Detailed image
Detailed Image 1

Into the book
Adam Smith said in The Wealth of Nations, “Rent or rent of land is the income which the owner gets without any effort.”
It clearly points out that the profits from land are unearned income.
immobility
Forest fires cause numerous problems.
First, it interferes with the proper use of land.
They trade land not for use but for unearned income.
Second, the resources and energy that must be invested in production activities
Drive the whole earth into speculation.
Third, unearned income does not undermine distributive justice because it is not a reward for productive effort and contribution.

---From "The Place is Disappearing"

Stores located in expensive areas tend to have more expensive items than stores located in other areas.
Franchise bakeries like Paris Baguette and Tous Les Jours also have the same brand and bread, but the prices vary depending on the region.
For example, as of 2019, Tous Les Jours' 'Fallen Leaf Sausage Bread' was sold for 2,700 won at the Gangnam branch, but for 1,800 won at the Sillim Intersection branch.
People lump it all together and say it's a real estate issue, but in reality, land is the core and the essence.
You can understand it as ‘real estate problem = land problem.’

---From "Not all products are the same just because they are bought and sold"

The idea that an apartment is something to "buy" rather than a place to "live" has now become almost common sense.
As apartments became speculative and investment products, the lifestyles of apartment residents also changed.
Treat your home with the mindset that you can move at any time.
In his book “The Real Estate Plundering State,” Jeonbuk National University professor Kang Jun-man criticized apartments as “houses of sale” rather than “houses of living.”
What's important is not a house to live in for a long time, but a house to sell for a high price.

---From "This is only found in Korean real estate"

Gangnam received special privileges.
In 1973, when the Yeongdong district of Gangnam was designated as a development promotion zone, various taxes were exempted, including acquisition tax, registration tax, property tax, urban planning tax, real estate speculation suppression tax, and business tax on real estate transactions.
It is clear that the relocation of prestigious schools to Gangbuk and the establishment of educational infrastructure were a huge privilege.
In addition, the government has poured enormous amounts of money into concentrating transportation infrastructure in Gangnam over the past several decades.
While money and opportunities were concentrated in Gangnam, other areas were neglected.

---From "The Birth of Gangnam"

There is a saying, 'Hell High School'.
It is a new word that combines the words semi-basement, rooftop room, and goshiwon, and points out the reality of young people suffering from housing poverty due to the steeply rising housing prices and burdensome monthly rent.
Semi-basements, rooftop rooms, and goshiwon represent Korea's poor housing environment.
According to the 2019 Housing Survey, 13.1 percent of young households live in accommodation other than housing.
Apartments, single-family homes, townhouses, and multi-family homes are included in housing, while studio apartments, goshiwon (boarding houses), shacks, and vinyl greenhouses are not classified as residences other than housing.
Housing poverty refers to a state in which the 'minimum housing standards' that humans should enjoy are not met.
---From "The Wanderers - Housing Poverty"

Publisher's Review
Many of the problems our society is currently facing, such as class conflict, low birth rates, housing poverty, minimum wage conflicts, low labor motivation, and overseas relocation of factories, are directly or indirectly linked to high real estate prices (rent and land use costs).
The reason unearned income, such as land rent or land lease, is a problem is not only because it allows you to earn money without any effort, but ultimately because it takes away the fruits of someone else's labor.
The cost of buying kimbap and getting a haircut goes through the pockets of the kimbap restaurant owner and the hair salon owner, and ultimately ends up in the pocket of the building owner.
_From the text

Real estate news? Real news vs. fake news!
Unearned income, housing poverty, gentrification, hellish suffering, etc.
Completely mastering real estate terms and concepts that felt difficult.


The biggest feature of this book is that it is written in a way that is easy for teenagers to understand.
To help readers understand difficult real estate terms, we've included humorous and satirical illustrations appropriately placed throughout. We've also created graphs with high-resolution photos, various statistical data, and expert analysis data to present real estate issues that young people should definitely think about and consider in an easy-to-read way.

Additionally, it is organized in a way that you can read from the part that interests you or that you are curious about.
When you learn how Gangnam became the best real estate, what the terms "younggeul" and "debttu" are, whether there is a solution to gentrification, and what the term "jiggeogo" (semi-basement + rooftop room + goshiwon) means, you will finally see what real news about real estate is and what fake news is!

‘Home’ is the minimum ‘human right’!
The correct knowledge to look at real estate
A book that helps you develop proper perspective!


The real estate problem is not only a problem for the present generation, but also a problem for future generations.
Numerous problems, including class conflict, low birth rates, minimum wage disputes, low worker motivation, and overseas relocation of factories, are directly or indirectly linked to high real estate prices (rent and land use costs).
Without resolving the real estate issue, these complex problems cannot be solved.


The best way to solve the real estate problem is to remember that a house is a place for people to live and dwell before it is a commodity traded in the market.
A home should be a place to live rather than a place to buy.
The author says that real estate should be approached from the perspective of the tenant's right to use and residence rather than the owner's right to ownership.

Our country's constitution stipulates as follows:
“All citizens have the right to live in a healthy and pleasant environment” (Article 35, Paragraph 1) and “The State shall endeavor to ensure that all citizens can live in a pleasant residential environment through housing development policies, etc.” (Article 35, Paragraph 3) In other words, all citizens of our country have the right to live in a healthy and pleasant residential environment, and the State has the duty to realize this.
To achieve this, we need the right real estate policy.
Additionally, the public needs to have the right perspective and proper knowledge regarding real estate issues.
This book has it all.

A place for heated social debate that leaps to a higher level

This series, "Teenagers Who Know a Little About Society," which has been planned for a long time and has been painstakingly written and edited, has finally been published in 13 volumes. It is a series for teenagers, especially middle school students.
Among various social issues, we have selected topics that are thought-provoking and will spark active discussion and included them in each volume.
At a time when reading and discussion are increasingly becoming important goals in education, we have put our heart and soul into creating a series that can kill two birds with one stone: 'reading books' and 'discussing together.'
Each book was written by experts who have long thought about, researched, and acted on each topic. To ensure reading enjoyment, the book was composed in a way that it could be read in one sitting, with an appropriate amount of length and illustrations that bring the content to life.
It has been recommended by numerous school libraries, public libraries, and librarians, and has been selected as a recommended book for youth by the Youth Publishing Association, attracting attention as a must-read book by many institutions.
GOODS SPECIFICS
- Publication date: October 15, 2021
- Page count, weight, size: 188 pages | 280g | 140*203*11mm
- ISBN13: 9791161728131
- ISBN10: 1161728139

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