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Gentrification in Korea: How It Affects Communities & Real Estate Investors

(You can sign up for this event via our Meetup GroupFacebook Group, or Facebook Page.)

The “G” word: Gentrification. For many real estate investors, when they see the “G” word, their eyes light up with dollar signs.

However, this month, the Seoul Real Estate Investing Meetup invites Jeong Sang Taek, Director of the Small Business Development Division at Seoul Metropolitan Government, for a special presentation on gentrification, how it affects our communities, and the responsibility of real estate investors when dealing with these transitioning neighborhoods.

Jeong will be identifying different gentrifying neighborhoods in Seoul and discussing government efforts to preserve the character of Seoul's neighborhoods by working with the community and businesses in the area.

While many of us may have gotten into real estate investing with dreams of passive income and an early retirement, it’s important for us investors to understand how we can work with communities to improve lives as well as earn profits from our labor.

Join us for this special presentation as we welcome Jeong Sang Taek, a Seoul Metropolitan Government public official, to our meetup for the first time!

정상택 is responsible for ensuring the vitality of small businesses in Seoul and often appears in the media to discuss small business development. In fact, you may have recently seen him on News 9 on KBS 1.

Take advantage of this unique opportunity to gain access to someone with great knowledge of official city policy when it comes to real estate and business. Bring the questions that you have always wanted to ask someone in the government but never had the chance to.

The presentation will be given in Korean and consecutively interpreted into English by Martin Bax, a trained interpreter and graduate of Hanguk University of Foreign Studies. As the Seoul Real Estate Investing Meetup’s interpreter, Martin provides a valuable service to our network, and we thank him for all he does. If anyone would like to get a hold of Martin to talk more about his services, he can be reached by email on

We’d also like to thank 10K for allowing us to host our events there. 10K is a co-working space, incubator, and accelerator.

Date/time: Saturday, May 28 from 2 PM to 4 PM

Venue: 10K City Hall

Location: JEI Building 2nd Floor, 16, Eulji-ro, Jung-gu, Seoul (Google Map) / 서울특별시 중구 을지로 16 재능교육빌딩 2층 (Naver Map)

Directions: Get off at Euljiro 1-ga subway station (을지로입구역) and go out of exit 8. Walk straight for about 3 to 4 minutes and follow the road round to the left and past Hotel President. 10K City Hall is just past Hotel President and overlooking Seoul Plaza.

Participation fee: 10,000 won (payble in cash and on the door)