Na Young-seok PD shared his experience of failing in real estate investment on the recommendation of Ji Seok-jin.

On the 20th, a video titled "Welcome to the egg house, Seok-sam hyung" was uploaded on the 'Channel 15 Ya' channel.

That day, Ji Seok-jin appeared as a guest in 'Na Young-seok's Bogle Bogle' and had a conversation. While having a meal together, he started by saying, "Young-seok might not remember, but I had a redevelopment APT. in Mapo.. do you remember?"

Na Young-seok laughed and said, "I bought it," and when he asked, "Did you get in?" Ji Seok-jin replied, "I couldn't get in." Ji Seok-jin then expressed regret, saying, "It must be near Ahyeon New Town. If you had gotten in back then, it would have appreciated quite a bit," to which Na Young-seok retorted, "Hyung, that was 20 years ago!"

He wondered, "What I vaguely remember is why I drove around with you back then?" and Ji Seok-jin explained, "Because I have been really interested in real estate my whole life. When the topic of real estate comes up, I would say, 'Young-seok, if you want to get into real estate, you should buy something that will be developed in 10 years because you can buy it cheaply now. And cash loses value. Real estate value goes up, that’s why.'"

Na Young-seok commented, "Look at this. You speak so well, right? Even back then, this hyung was nicknamed 'the minus hand of the real estate world.' It's been 20 years with that nickname," and Ji Seok-jin noted, "I still talk about those things with the kids. But the only one who listened and acted on it was him."

Na Young-seok said, "Hyung introduced me to real estate,” and continued, “That was before there was even an Ahyeon New Town, when there was nothing at all." He added, "Back then, Seok-jin hyung was our senior who was quite young. This hyung was always saying, 'You should invest here, you should buy this,' and when I replied, 'I have no money,' he'd say, 'There are things you can buy even if you don't have money. Why do you only think like that?' While saying this, Seok-jin hyung occasionally took me around in his car, saying, 'Look at that APT. Doesn’t it seem like it’s about to collapse? That's the kind of place you should buy.'"

He added, "When you pass by the Gangbyeon North Road, there are those very old APT.s. He would say, 'You could buy that right now if you scrape together your money. But if you buy that, don’t go out to the balcony. The balcony might collapse.' He wanted me to just stay inside. One day, this hyung brought that property up. It was in the hilly area of Ahyeon-dong, which was all villa cluster back then," and Ji Seok-jin recalled, "It must have been the GS JAi coming in."

Na Young-seok recalled, "It was coming in. Back then, it was also planned for JAi. Live in that villa. How much money do you have now? I scraped together 80 million won, but I bought that villa for 85 million won. From that time on, I went to Ahyeon-dong whenever I had a chance. I wondered if a crane would ever come in. But there was no change at all."

Ji Seok-jin asked, "Wasn’t it originally planned for a long period? Did you think it would happen right away?" Na Young-seok responded, "I thought a new house would appear in 2 or 3 years. I was young. But still, 85 million won was the biggest amount of money tied up in our assets, so I endured until my wife said to take that money out and move into a big jeonse, so we went to the real estate agency." He remarked, "I bought it precisely for 85 million won and with the brokerage fee for 90 million won," and Ji Seok-jin anxiously asked, "Did you lose money?"

Na Young-seok clarified, "I sold it back precisely for 90 million. Three years passed, but I barely avoided a loss," which reassured Ji Seok-jin. He said, "Thank goodness. I appreciate it. I was worried I might have lost money," and Na Young-seok replied, "It wasn’t a loss; I sold it back for exactly the same price. I was so curious, always checking Ahyeon-dong while thinking of hyung. 'When will it be developed?' Because it hurts so much if an APT. suddenly pops up right after I sell it. I went to check on it so often until it didn’t hurt my heart anymore. A long time passed, and then the JAi went up in Ahyeon-dong," which caused laughter.

[Photo] OSEN DB, Channel 15 Ya

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