Chapter 657 – Eco-Friendly Era
Situation.
〔Real Estate Gallery〕
─Korean real estate PF itself is not normal
─To the extent that wealth enthusiasts believe in the upward trend of real estate
─Summary of Lee Chan-wook’s real estate outlook. Txt
─Real estate transaction volume trend ㄷㄷ
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It gets worse day by day.
Enough to resonate with real estate investors as well.
─Real estate transaction volume trend ㄷㄷ
[Seoul monthly trading volume graph. Jpg]
Sudden bend
Seoul is holding on, but the metropolitan area and regional areas are on the verge of collapse
└Fuck you
└Is it true that Lee Chan-wook burst into Korean real estate?
└Yes, it is a healthy adjustment~
└You look like a baby with a less broken head
Real estate is a conservative asset.
Look at long-term value rather than short-term volatility.
Above all, trust is deep.
Why?
This is because there has been an upward trend over the past few decades.
─Summary of Lee Chan-wook’s real estate outlook. Txt
1. There is more defective construction than expected
2. Structural problems in the bond market
3. Real estate PF 100 trillion won may explode in succession
Korean real estate invincibility sentenced to death
└(Little Cone says Oh!)
└Isn’t 100 trillion a piece of tuna?
└This was my first time hearing about the real estate PF problem, but it was serious
└No, they borrowed that much money
It may break.
Real estate investors are understandably upset.
〈 If the 3-month ABSTB explodes, the 1-year ABCP explodes, and the 3-year ABS will fall like dominoes. This amount is over 100 trillion won.〉
Lee Chan-wook.
The famous investor is presenting a new paradigm.
The perspective on real estate changes.
This is something I never thought about.
─As much as wealth galleries believe in the upward trend of real estate
Even the construction company believed it…
I was building a lot of apartments because of real estate PF.
The problem is that the placenta is poorly constructed
If you can’t sell it, you’ll go bankrupt
└(… Frog cone)
└Many of the new sales are located in rural areas, so there will not be much purchase demand
└Banks and institutions do not lend money because they know it is risky.
└Is this a victory for me as a homeless person?
Individuals.
There is no way he bought it with any special grounds.
I live because it just goes up.
I live because I earned it.
I feel a sense of sorrow.
Breaking it down in an instant.
─Korean real estate PF itself is not normal
[Domestic PF financing method. Jpg]
[US PF financing method. Jpg]
Can you see it?
In Korea, there is a down payment/interim payment included
That’s all I received from the residents
Construction companies spend a small amount of money
└This is why it falls like dominoes…
└Leverage sucks?
└Only young people don’t know that it’s a time bomb haha
└Construction companies are bastards
The truth is known.
No, it is more accurate to say that it touched me.
It wasn’t that long ago.
The upward trend in real estate was dominant.
〈 These days, there is a fuss about the owner of the building being above the creator, right? Commercial real estate also has many structural problems.〉
Challenge him head on.
Lee Chan-wook.
People listen to his story.
─Commercial real estate is also said to be a big problem
Because demand is skyrocketing due to the building owner craze
I guess they built a lot without reviewing feasibility
This won’t sell anywhere
+ It is said that investing in commercial real estate is risky, but speculation has been concentrated in Korea due to strangely low lending regulations.
└The vacancy rate is serious
└There must be a lot of clever people here trying to become building owners, right?
└Oh fuck
└That’s because the real estate market hasn’t exploded like in the United States. It really needs to explode once to be fixed
Such a situation was created.
Doubt.
The first time is always difficult.
Once the water is opened, it is instantaneous.
Negative public opinion is the trend.
─For those who have invested in gaps, don’t regret it and get rid of it now
If Lee Chan-wook speaks like that
It must be said that it is truly a mess
Even if you lose money, shake it off
Before writing a lifelong slave contract
└Isn’t the thing that’s ruined your life without any real estate of your own?
Author− You, you really have a miserable life…
└It’s so funny that you guys are still fighting kkkk
└Even if Lee Chan-wook leads, I still don’t believe it.
Last 5 years.
The rise in real estate was at an unbelievable level.
No matter what happens, it goes up.
Won’t it rebound this time too?
It was impossible to break such expectations.
─House prices will always rise!!
Let’s think about countries like the United States and Japan.
Once house prices rise
It will never go down before that
The delusions of those who have fallen are
Even if you only have high school level economic concepts, you can’t think
Lee Chan-wook also said that construction companies are going out of business
Did they say real estate was plummeting?
└It will never fall haha Politicians don’t want house prices to fall
└Such ignorant belief ㅇㅣ Damn you are so good at investing haha
└The plummets are really making a fuss
└If we filter out poorly constructed properties, will the rest go up even more?
It is impossible to completely calm the market’s investment sentiment.
It’s a tight fight.
We are fighting hard every day.
In a situation where confusion is increasing.
“Look at these bastards making a fuss because they want to buy real estate. This is ridiculous, Kyungsoo.”
“…”
“Kyungsoo?”
It is not easy to judge the truth.
This is especially true if you are bitten.
‘It’s ridiculous.’
Kyungsoo Kim.
Not long ago, he was an ordinary 31-year-old young man.
That is not the case.
This is because I jumped into real estate gap investment.
“The public opinion in the community you were talking about is not good these days.”
“Those who are homeless are making a fuss.”
“Lee Chan-wook also said it was dangerous.”
I don’t think about climbing.
The monthly interest is half of my monthly salary.
The final blow came.
Lee Chan-wook took aim at real estate.
Gulp!
I feel like I took the red pill.
Even if you think for sure.
‘Why did I buy a villa that smells like shit? …’
He wasn’t worth it.
It was an opportunity to wake up.
“That bastard, Lee Chan-wook, said he was going to the United States, but he came here again. What could be the reason? It’s because he wants to buy real estate in Korea!”
Still, it doesn’t change.
My friend believes in real estate trends.
‘No, common sense.’
CEO of the second-largest company in market capitalization.
It is said that securities firms are also doing extremely well.
Recently, Korean food is also sold in the United States.
Why do I regret such a person.
“You are saying that real estate is not good?”
“That’s all a buying-the-low strategy.”
“Haa…”
“Politicians always say that house prices are going down, so they own two or three houses at a time!”
I don’t think I’m in my right mind.
It is only now that I realize that fact.
‘It’s the same as the person who got bitten by stocks.’
It goes up.
No, you have to go up.
We are following it blindly.
Make money through gap investment.
A friend who seemed great now looks different.
“You will regret it!”
Saying goodbye to a friend.
I feel sorry for leaving it alone.
Debts must also be repaid.
However, you have to repay for the next full year.
‘I feel lighter.’
I was afraid.
I felt like I was falling behind.
This is the real reason why I jumped into Gap Investment.
Now that real estate is in decline, the reason has disappeared.
I’m trying to return to a comfortable daily life.
* * *
Life in America.
Sora is feeling and learning many things.
‘I just thought it was a developed country.’
It is a Western region.
It is an advanced country.
There is an image that it will be different from Korea.
In reality, that wasn’t the case.
The fact that all places where people live are the same.
“It’s lunchtime.”
“But?”
“If you didn’t come here to eat, let’s eat together. Our apprentice went to buy it.”
I realize it.
Lunch time.
It doesn’t exist on Wall Street.
‘Sad desk lunch is basic.’
It’s about working while eating simple food like sandwiches.
That is natural.
Advanced.
They say one label is good.
There is absolutely nothing to consider her as a woman.
Buzz, buzz!
New York Stock Exchange.
There is one peculiarity to this now familiar sight.
There are no women.
Black people are also rare.
It is a masculine society filled with only white men.
“Heo, heo, heo. Lunch is here! I even brought your sister’s!”
“I told you to come in 10 minutes.”
“I came just in time for 10 minutes…”
“15 seconds late. Are you going to make that excuse to the broker too? You slow fucking slug!”
It is worth it.
My ears are deafening from all the shouting and swearing.
In fact, the most used word here is fucked.
Longing too.
‘Is this an apprenticeship? It’s time to get scolded for a while.’
It’s everyday life.
Fight of arms.
This can be said to be the basic condition of a trader.
So I go there on purpose.
I have completely adapted to the coercive and provocative conversation.
“Athena!”
“Huh?”
“Now, eat. It’s about the same size as mine, so it might be a little difficult to eat.”
“Really? It’ll be easy to eat because it’s just a prick.”
In many ways.
It would be funnier to react to them one by one.
Ahh!
Such a rating is necessary.
To work here on Wall Street.
“I got cut?”
“It looks like it was too small.”
“In the first place, you don’t do as much as I do, right?”
“Shut up Malfoy!”
There are only people like that.
It is a place where only such people can survive.
‘Because you can’t trade without being rough.’
The essence is not bad.
Although they are indifferent like New Yorkers, they are secretly affectionate.
Trader who sexually harassed.
My face turns red, and I feel embarrassed.
“Hmm, Hmm… Anyway, the option I entrusted to you is going well. Much better than the suggested price.”
It also helped me adapt to this place.
The work is handled quite reasonably.
‘If only you do that.’
Investment in the United States.
It’s definitely different from Korea.
It is possible to approach in an essential direction.
This is the so-called ‘value investment.’
This is the true investment that Sora has dreamed of and longed for.
BBC− “Tesla has become a ‘thousand sellers’… “Undisputed No. 1 in the electric vehicle market”
CNN− 「Value beyond a car… ‘Tesla’, the leader in the eco-friendly era”
There must be convincing evidence.
Just look at Tesla, which is hot in the market recently.
‘We have proven our performance, and we have no choice but to grow bigger in the future.’
The technology is good.
The cost ratio is also the lowest.
There is no company that can follow in the electric vehicle industry.
“Athena, Athena?”
“Why?”
“I see your boss is saying something funny again.”
The eco-friendly era is also coming.
For the sake of the environment, we must use electric vehicles.
What if that happens?
It is a natural future for Tesla to benefit the most.
〈I think Tesla must go out of business for the sake of this green planet.〉
There was also a cub who sounded like a fool.
