“You can’t sell it even if you want to”: why your home can put retirement at risk
An independent exercise, not a statement by the video creator or verification of every claim in the video.
The cost of a delayed sale even at the same price
If a sale takes 12 months instead of 3 at the same price and monthly carrying costs are KRW 450,000, the delay requires KRW 4,050,000 in extra cash. List charges, interest and repair spending by month separately from the expected sale proceeds to assess your cash buffer.
Check for yourself
- If buyer interest is limited and the sale is delayed, how many months of living and carrying costs can savings cover?
- Does any work in the long-term repair plan overlap with the expected sale window?
Limits of application
This example assumes constant monthly carrying costs. Calculate sale price changes, moving expenses, brokerage fees and major repairs separately.
- What to look for
- See how redevelopment expectations, repair costs and accessibility affect household expenses and sale plans.
- Why it matters
- Use redevelopment plans and costs alongside floor area ratio, and include scheduled repairs and a delayed sale in your cash planning.
Timeline
5 segmentsThe presenter proposes checking the complex’s floor area ratio, repair plan and reserves, and sale timing. Retirement cash planning can treat the expected sale price and time to sell separately, then estimate carrying costs and any household cash shortfall over that period.