On May 15, Noh Hong-chul discussed his experience with falling housing prices during a video on his YouTube channel titled "Noh Hong-chul Surprised by the Current Reality of Young People Living on Rent."
Noh shared, "I worked hard to buy an apartment in Apgujeong. It wasn't as expensive as it is now," referring to a past incident where he was assaulted. He recalled, "I was attacked by a stranger in front of my house. I thought it was a misunderstanding, but I was beaten as if they wanted to kill me. I was bleeding profusely."
He continued, "After the police arrived, things calmed down, and people around me advised me to move to a more secure area. I decided to work hard again and upgraded from a 30-pyeong to a 50-pyeong apartment in the same complex."
Noh expressed disappointment, saying, "I thought I got a great deal, but the value dropped by 400 million won." He added that he had offered to buy his parents a home, suggesting they live on the 12th floor while he would stay on the 11th. However, his parents, who had made friends in their neighborhood, declined the offer. "My mom, who is a lot like me, even served as the head of the neighborhood association. They both really didn't want to move," he said.
He concluded, "At that time, the value of the Hyundai apartment dropped to 1.8 billion won, but now it's 9 billion won. It was a 53-pyeong royal floor apartment," he lamented.
* This article has been translated by AI.
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