The person who pointed to 49 Gaebong-dong is an ordinary working housewife who works in a field unrelated to the real estate industry.
After battling cancer twice and struggling to survive, this investor decided to invest in real estate.
I've taken several real estate courses, but it wasn't until I took yours that I really started to delve deeper into urban planning.
His studies in real estate, which began amidst declining health and anxiety about the future, strengthened him and ultimately made him a skilled professional.
From now on, we will trace how this person discovered the clue to redevelopment at 49 Gaebong-dong.
--- p.44

Have you ever heard of the "greater fool theory"? It's a concept proposed by economist John Maynard Keynes.
This is a phenomenon in which a "fool" who bought an asset at a price higher than its actual value in anticipation of a price increase believes that an "even bigger fool" will come along and buy the asset again.
When applied to real estate, this is equivalent to the unfounded belief that “real estate prices will inevitably rise because supply continues to be insufficient compared to demand,” a situation similar to the creation of a kind of “bubble.”
--- p.57

Why do we need to know the golden price of real estate? In fact, investing is possible even without knowing the fair value.
In fact, many investors do just that.
But that's only possible in a market like Daesangseungjang where there are a lot of bigger fools.
However, since the bull market cycle comes in cycles of about 10 years, you will have to wait a long time.
It is difficult to make an investment 10 times and be successful 10 times.
However, if you just master the three principles presented in Part 1, you can succeed six or seven times.
If you want to succeed the remaining three or four times, and do so with minimal cost and time, you must be able to determine the appropriate price.
--- p.62

So, what types of properties are eligible for phased permits? As the word "permit" suggests, this also involves a "base."
In conclusion, real estate that can receive step-by-step approval is, in principle, 'redevelopment and reconstruction real estate within a base area.'
However, the residence is not usually part of the base.
In particular, areas that have been developed in a planned manner, such as Daechi-dong in Gangnam-gu, Mok-dong in Yangcheon-gu, Bundang New Town, and Dunsan-dong in Daejeon Metropolitan City, have thoroughly separated residential and commercial areas.
Therefore, real estate eligible for phased approval includes not only redevelopment and reconstruction properties but also properties that are not bases but are located near bases and can be developed in conjunction with them.
--- p.94

Young professionals and their parents with limited investment funds often ask about realistic investments they can pursue.
If you are well-versed in the city's basic plan, you can make a good investment even with a small amount of money.
Since Mayor Oh Se-hoon took office, new redevelopment projects called the Rapid Integration Plan and Moatown have been introduced.
Although the specific methods and selection requirements for the two projects are different, the key point is that both projects prioritize 'consistency with the basic urban plan' as their top priority.

--- p.157