[teens stories] RYU JUNYEOL MADE 4 BILLION WON FROM SELLING HIS BUILDINGㅋㅋㅋㅋㅋ




In 2020, Ryu Jun-yeol purchase the building for 5.8 billion won. It was then rebuilt at a cost of about 2.4 billion won. 

When the house was completed in 2022, Ryu Jun-yeol sold it at 15 billion won. He made such a huge capital gain.

Actor Ryu Jun-yeol succeeded with his building tech. He made at least 4 billion won in profits by reconstructing the small building in Yeoksam-dong, Gangnam-gu. In two years of real estate investment, he earned more than twice the price when he purchased it.

Ryu Jun-yeol’s real estate strategy is called “leverage” investment. He established a private company to raise loans. He received loans twice, once as a land loan and once as a new construction loan. In short, it is called “debt tech”.

In 2020, Ryu Jun-yeol bought the land in Yeoksan-dong under the name of “Deep Briding”, a private company. The purchase price (for the land of 83 pyeong) was 5.8 billion won. At that time, he borrowed 5.2 billion won from the bank, which means 90% of the sale price was set up as loans.

Ryu Jun-yeol immediately reconstructed the building. The single-story building was replaced by a 7-story building with two basement floors. In the construction process, he earned a loan of about 1.7 billion won as a new fund.


Shin Jong-yeop, the chief team leader of “Building Road”, explained, “The total floor area of the new building is 1,013.35 square meters (about 306.54 pyeong). If the construction cost is set at 8 million won per pyeong, it would become 2.4 billion won since about 70% of the construction cost was paid by loans”.

In November last year, Ryu Jun-yeol became the owner of that Gangnam building. But he immediately put it on the market. The building was sold for 15 billion won in January. The profit is estimated to be 6 billion won before tax and 4 billion won after tax


“Building Road” team leader Shin Jong-yeop said, “The buy and sale of that building helped him earn a tremendous amount of profit because it already excluded property acquisition tax, construction cost, interest fees, etc.”, adding, “There are still final stages, such as balance payment and registration transfer”.

Ryu Jun-yeol established a private company “Deep Briding” in March 2018. The company’s representative Mrs. Kim, Ryu Jun-yeol’s mother. An official from CJS told Dispatch, “Ryu Jun-yeol established the company to manage his personal income”, adding, “The company also planned and conducted several exhibitions”.


They also explained why Ryu Jun-yeol purchased the building, saying, “He planned to construct a building in Gangnam to run a clothing business (with his friends)”, adding, “Due to Covid-19, the business plan was put on hold. He then decided to sell the building”.


Celebrities take 90% of loans and eat 4 billion won?

"I'm more interested in acting than investment...It would be hard for me to become a building owner"
"I guard my mind against the wish of becoming wealthy... My life isn't about putting importance in money"
"I was shocked learning that elementary school students nowadays dream about owning buildings... From a perspective of an adult, don't hurt yourself (with dreams like that)..." 

This is an interview Ryu Junyeol gave in the past

post response: 
[+276][-3]
original post: here

1. [+280, -4]
Isn't the fact that 90% of the sale price was set up as loans impressive? Of course, I can understand that rich people have it better than commoners, but while I have to work my as* off for even trivial stuff, they get to receive 90% loans for their real estate? 
(t/n: it's a huge controversy in Korea for a few years now, banks are being criticized for their loans over real estate purchases that is intensifying speculative buying which leads to heavier tax burdens on the middle class. Citizens have been asking banks to regulate and have tighter control over 'speculative loans'. All the more controversial, Korean banks have been putting limits to their loans to the middle class which prevents most of them from buying real estate, but here Ryu Junyeol was able to receive 90% real estate price loan.)

2. [+230, -28]
A face just as ugly as his nature 

3. [+166, -22]
This is why we say a handsome face, a handsome mindㅋㅋ

4. [+146, -0]
 
"You need to look out for people who claim "I don't care about money". These are the people who are crazy for money" 

5. [+108, -0]
No but why are people blurring the issue with all those appearance talks...? The fact that he received 90% loan in itself is nonsense. But the fact that he was all talks in that interview but ends up buying a Gangnam building is f*cking hilarious. If only he decided to shut up, I would've just brushed it off thinking "sigh~ celebrities sure earns a lot, enough to buy properties~"

6. [+85, -0]
There are so many people doing speculative purchases right now but receiving a 90% loan is just senseless

7. [+80, -0]
He's going around bullsh*tting about his no-plastic lifestyle, meanwhile he doesn't care about about construction disposal and waste?ㅋㅋㅋㅋㅋㅋㅋㅋ What a show 



[theqoo] THE REASON RYU JUNYEOL IS GETTING SWORN AT OVER HIS BUILDING ARTICLE

(Article referring to the interview mentioned above) 


For reference, he established himself as a individual stockholder 1 year before giving that interviewㅋ

Interview: March 2019
Incorporation: March 2018

original post: here

1. Crazyㅋㅋㅋㅋㅋ
Why would someone who doesn't care about money incorporate themselve?
With 600 million won, he was able to buy a building worth 5.8 billion won and collected the difference of 4 billion wonㅋㅋㅋㅋ 
And he can only borrow this kind of money because he's a celebrity himselfㅡㅡ
This reminds me of the saying "the person who claims they don't care about money is the one crazy about money"ㅋ

2. In the end: he should've shut his mouth 

3. This reminds me of the meme "the person who claims they don't care about money is the one crazy about money"ㅋㅋ His concept collapsed in front of moneyㅋㅋ

4. This is the living proof that people who claim they don't care about money are the craziest about money 

5. What a disappointment, he could've just stayed quiet

6. ???ㅋㅋㅋㅋㅋㅋ I thought he incorporated himself after the interviewㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋ What is wrong with this guysㅋㅋㅋㅋㅋㅋㅋㅋ For real, he acts just like Lee Kisang professor said (t/n: meme about money);; Seriously people who are crazy for money should just stay quiet;;;;;; He's the one who ends up hurting kidsㅡㅡ

7. Ryu Junyeol always looked arrogant, but his words sure don't match his actions

8. He pretends he holds himself with high morals just to end up being greedy over money ew

9. Is it even possible to get 90% loans? 

10. He's the same type as U-know Yunho, they do image making through talks only 





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