Kim Gura directly offered an explanation and apology regarding his son Gree's real estate investment issue.
On the 28th, the YouTube channel 'GreeGura' released a video titled 'I will explain the article about Gree's 1 billion won real estate in Guri [Kim Gura Economic Research Institute EP.74 - real estate edition].' That day Kim Gura provided detailed explanations regarding reports spread recently in the media about his son Gree's '1 billion won real estate.'
Kim Gura opened by saying, "I have a few things to say about the Donghyun article." He said, "Donghyun bought the property based on his own judgment. I did give him real estate information, but I did not know the exact details of the house."
He acknowledged that his remarks in a previous video caused misunderstanding. "While I was talking about Jo Young-gu, I said, 'Buy in Guri. Our Donghyun's doubled too.' After that, an article came out saying he invested 250 million won and it became 1 billion won," Kim Gura expressed discomfort.
Kim Gura said, "In reality, he paid a 250 million won jeonse and bought a 500 million won house," and "Donghyun contacted me saying, 'When did I ever make 1 billion won?'" He corrected, "Like others, he put in 250 million won and took out a 250 million won jeonse. Including the jeonse, it's just a 500 million won house." He added, "That area was designated as a redevelopment zone and had even reached the stage of selecting a construction company," and apologized, saying, "I spoke too far ahead as if Donghyun had put in 250 million won and become a 1 billion won rich person. So of course Donghyun could be upset."
Kim Gura added cautiously, "Young people these days have it so hard that some may feel a sense of loss seeing reports like 'Kim Gura's son did some broadcasting and 250 million won became 1 billion won,'" and repeatedly explained, "To be precise, he put in 250 million won, took out a 250 million won jeonse, and bought a 500 million won house, and half of Donghyun's is debt."
Director Kim In-man also explained the situation at the time. He said, "By today's standards it was gap investment, but at that time it did not stand out as a social problem. It was a period when house prices were falling because of interest rates, and the government was telling people to buy houses, so the situation was different from now."
Kim Gura added, "That house was unsold until three years ago," and elaborated, "I just passed on information to Donghyun after someone contacted me indirectly. He bought it thinking redevelopment would happen if he waited. At the time, houses were in surplus."
Meanwhile, Kim Gura was born in 1970 and is 55 this year. He had a son, Gree (real name Kim Donghyun), with his former wife, and divorced in 2015 due to his ex-wife's liability and guarantee issues. He then repaid about 1.7 billion won in debt within three years. In 2020 he remarried a woman 12 years his junior, and in 2021 he had a daughter, Suhyun.<
[Photo] YouTube 'GreeGura' broadcast screen capture
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