Don’t give up on my house and prepare for a chance. Advice from the president of a construction company Interview with Young-yeon Kang



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“What is a house to me?” “Interview House” began with this question.

A product with investment value, a space where I live. In the meantime, I’d like to tell you an honest story about a house you may be wandering through. Buying an apartment worth climbing is not bad. It wouldn’t be a sin to make money out of it. But it will not be the absolute good that everyone should pursue.

I am not trying to give an answer through an article. I have no intention of judging who is right or who is wrong. The purpose is to listen and share stories about the space that each person wants through interviews with various people.

I hope this is an opportunity for people who read this to think about the house I want. The interviews try to meet and listen to as many different people as possible of age, profession, education, region, etc. If you want to share your opinion or recommend someone around me, please contact us by email. I will visit you in person.

Woo Moo-hyun, president of GS E & C’s Sustainability Management Division, is a person who has lived his whole life thinking of home. I applied for Lucky Development (predecessor of GS E&C) because I wanted to get a house as soon as possible. When I entered the company, I focused on building houses for clients. In 2002, he contributed to the birth of Korea’s representative apartment brand ‘Zai’, and from 2014 to last year, he worked in the construction sector, supplying a total of more than 130,000 apartments.

I had no idea of ​​making money investing in the house. His house was always one. President Woo said, “The house I live in now is not big, but I have one, so I feel like it’s done,” he said. “If you want to live in a country house or another house, you can live on a rental basis.”

◆ Get a job to find a home

1984, when Woo took the first step into society, was a time when everyone dreamed of owning their own home. Now the owner and the tenant are in equal positions, but at that time they were different. It was said that tenants were often noticed, condemned and ignored by the landlord. “My father had been teaching for a long time, but I didn’t have a lot of money. It took me a long time to get a house. I grew up thinking that I should have my own house all the time.”

The reason Lucky Goldstar Group (now LG Group) applied for Lucky Development, which was in charge of the construction, was for the ‘house’. At the time, a 66.12㎡ (20 pyeong) apartment in Seoul cost about 20 million won. It was a lot of money, but also an amount that could be saved after two years in the Middle East, where the construction boom was in full swing. President Woo said, “I was in the military for 3 years, but after going to the Middle East for 2 years, I was thinking of quickly becoming independent. He recalled.

After seriously wanting, I passed Lucky Development, but my life did not turn out as expected. After receiving the department’s initial assignment to the Planning Division of the Planning and Review Department, he left for the USA, where he started a new business and his dream of shipping to the Middle East had to end.

Still, I fixed my house early. She got married in 1987 and lived in a separate house in Siheung, Gyeonggi-do for 2.5 million won, bought an unsold apartment in Hagye-dong, Seoul in 1988 and moved in with the idea of ​​wanting to buy my own house. At the time, his monthly salary was 300,000 won, the average starting salary for college graduates, but I figured he had to pay it. President Woo explained, “It didn’t have such a deep meaning to live in a house” and “I bought an unsold apartment that I could move into immediately with the goal of simply wanting to prepare my house.”

Since then, I have moved several times due to problems with education and the company of children. I have always lived in Gangbuk, including Hongje-dong and Bulgwang-dong, Seoul. Then in 2002, I bought Banpo Jugong Complex 3, the predecessor to Banpo Xi Apartment, where I live. “I had a date almost every night, but the place was in Gangnam,” he said. “Every night I would take a bus and a taxi to Bulgwang-dong and I thought I should fix a house in Gangnam.”

You’ve been busy working day and night your whole life at work, and the most important thing when choosing a home is time efficiency. This is because I want to reduce the amount of time that I move outside of my purpose in my daily routine. President Woo said, “After moving into the house now, he seems to be saving more than an hour a day on moving, etc.,” he said. “In that sense, I am satisfied with having a home now.”

The environment and community facilities were also important. He was the builder of the house, but he thought that the outside was more important than the inside. This is because the external environment is a constant that cannot be changed no matter how hard the owner tries. The principle was also applied when building an apartment. He said, “I can change the interior materials if I want to, but the landscape, the community facilities, the exterior, etc. are constant factors.” He emphasized that to be empathetic, the common part must be well done. ”

In fact, the GS E&C Xi is famous for its specialized landscaping. He has been awarded a landscape-related award from the World Association of Landscape Architects (IFLA) and the Ministry of the Environment. This influenced the growth of the apartments that consumers prefer. In the 2019 Best Apartment Brands Survey, jointly conducted by Real Estate 114 and Korea Research, Xi ranked first for the third year in a row. It has become an apartment the residents are proud of, as CEO Woo says.

◆ The house you want to live in can change

He chose the rural housing complex that connects the Cheonggyesan Guksabong trail and the house he wants to live in. President Woo said, “I like to climb, so I visit frequently,” he said. “I want to live in a place where I can enjoy everyone, work close by and have many acquaintances close by.”

However, he said that the place where I want to live cannot be the same forever. President Woo said, “Sometimes, you may want to enjoy city life, and even if it is a little further away, you may want to live a rural life or maybe you want to live by the river.” I don’t know why it should be one. ”

In this regard, he said that the living house and the purchased house do not have to be the same. President Woo thinks it would be better to have a house that you can return to at any time and buy a house where you want to live.

It was also analyzed that the apartment preference phenomenon in Korea is based on security issues. Even if they like single-family houses, they are anxious about security issues and seem to find an apartment as an alternative. He said, “We are primarily talking about convenience, but the biggest drawback of single-family homes is security,” he explained. “It is also due to the great popularity of single-family block houses that have solved this problem recently.” He predicted that if several types of housing were provided with security, fewer people would insist on apartments.

◆ Don’t give up and prepare to take the risk

I told him it was a house and a “rehab center.” “Even if you enter the house while you are suffering and falling outside all day, you can carry it there,” Woo said. “Thanks to my home, I can quickly return to work and meet people in the morning.”

When asked for advice from young people who gave up hope of fixing such a house, President Woo said, “I’m sorry for the next generation who enjoyed the benefits and are hesitant to give advice.” It wasn’t easy, ”he said with difficulty.

He said, “It may seem obvious, but if you don’t give up and prepare hard, the opportunities will come.” According to the situation in Japan, which is considered the closest to us, it is difficult to see that the Korean real estate market will only continue to increase as it is now. He said that “Japan is already at a stage where satellite cities outside of Tokyo are extinct,” he said. “It won’t be as soon as possible, but considering the population and the economic structure, changes will be inevitable in Korea.” He said, “If you don’t give up and prepare hard, you’ll have a chance.”

Reporter Kang Young-yeon [email protected]

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