Comedian Kim Shin-young revealed on a recent television appearance that she missed out on a significant real estate windfall after taking advice from a senior colleague, Kim Sook.
During an April 30th broadcast of the KBS2 program “Ok Topbang’s Problem Children,” Kim Shin-young shared a series of unfortunate real estate experiences stemming from counsel she received from Kim Sook. The discussion was initially prompted by a question from MC Song Eun-i, who joked, “If I were Shin-young, I wouldn’t see Sook anymore. You suffered a huge loss trusting her.”
Kim Shin-young explained that in 2012, before moving into her own place, she asked Kim Sook for advice about purchasing a property in the Eungbong-dong neighborhood. Kim Sook cautioned her against it, warning of a potential economic downturn akin to the IMF crisis. “She told me not to buy it, saying that if you touched it, you’d be in considerable trouble,” Kim Shin-young recounted. “But that house redeveloped and increased in value eightfold. Now, I can’t even look at it.”
The comedian then detailed another instance involving a property in Gimpo’s Unyang-dong. She said she considered buying there but Kim Sook advised against it, predicting a lack of infrastructure. “She said, ‘Check the land. A subway won’t be built. Not even a Starbucks will open,’” Kim Shin-young recalled. “But a subway and a Starbucks did conclude up being built.”
A subsequent move to a 32-story apartment in Mapo with a view of the Han River also resulted in a missed opportunity. Kim Shin-young stated she was determined to purchase the 800 million won property, but Kim Sook, who lived in the area at the time, advised her that house prices were falling and subsequently sold her own home. “I gave up buying and moved in as a tenant,” Kim Shin-young explained. “A year later, that 800 million won house was worth 1.7 billion won. The house my senior sold was redeveloped and is now worth over 4 billion won.”
Kim Shin-young’s story highlights the unpredictable nature of the real estate market and the potential for even well-intentioned advice to lead to unexpected outcomes. The comedian’s candid account has resonated with viewers, offering a relatable glimpse into the challenges of navigating the property landscape.
