Taeyeon denies accusations of participating in real estate speculation, claims land was bought for personal use

Article: "Why would I be crazy enough to participate in speculative real estate?" Taeyeon opens up

Source: Han via Naver

1. [+1,865, -85] Oh so you just happened to buy a mountain in Hanam and illegally used borrowed-name bank accounts for your father? Are you trying to incite sympathy? Because these aren't normal transactions but you're making it sound like this was your dream all along;

2. [+1,286, -185] As if we didn't know she was an SM idol already, look at how b*tchy her response is... It's obvious to anyone that you participated in real estate speculation...

3. [+479, -20] How does everyone caught in real estate speculation use the same excuse like this?

4. [+381, -12] What a joke. Do you think other celebrities are "crazy enough" to participate in it then?

5. [+304, -15] Before even addressing her wrong, why is her response so b*tchy? ㅋ As the saying goes, it's always the one who farted who gets the most mad. She didn't buy a house but a mountain... The public is not your fan. Just be honest and admit that everyone else was doing it so you thought you could too.

6. [+282, -40] It's fine to participate in real estate speculation. The entire country's doing it anyway.

7. [+232, -17] Why do you think you have to be crazy to do it? Do you think you're special or above it all or something? The way she wrote this is really annoying.

8. [+183, -4] If your goal was to build a house, then you would normally buy land, not a mountain ㅋ and yet you still claim you had nothing to do with real estate speculation? ㅋ

9. [+141, -8] "Why would I be crazy enough" this makes her sound so annoying.. like she has too much money to ever consider doing something like this. Tsk tsk tsk, it leaves a bitter feeling.

10. [+123, -3] People who aim to build homes normally buy land and investigate whether building is permitted on it first. Who buys a mountain to build a house on?

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Source: Naver

1. [+538, -8] I'm a fan of her as an artist but... she's talking bullsh*t right now. If she wanted to buy land to build a house for her family on, then you can just ask for the related papers to see what that land is going to be used for before you buy it, and yet she just bought it for 1.1 billion won no questions asked?? That makes no sense... I bet you she bought it knowing what was going to be developed on it first. It seems like this is all getting out only because the development plans have been postponed and investors are claiming it's fraud.

2. [+407, -3] Fine, let's say you invested in that land and you weren't a part of some real estate speculation. 1.1 billion won is a lot of money. All you needed to do was request paperwork regarding it.. but the fact that you bought a piece of land with no development on it means you got information beforehand what the plans for it were, and that's not the kind of information that most people have access to before plans are officially announced.

3. [+103, -5] I didn't know Taeyeon was such a stupid kid ㅋㅋㅋ even her excuse is stupid

4. [+92, -0] ㅋㅋㅋ People only buy reserve forest land when they know what it's going to be developed into once the greenbelt is released and they can profit on their investment. She really must think we're all so dumb to not know this. Being honest is the best policy. Nowadays, investors will even go as far as to sue for fraud if land isn't released for development. So yes, while this case may be a case of fraud, it's obvious that she bought into it for real estate speculation.

5. [+77, -1] She's really claiming she bought that wild forest land after seeing it in real life? ㅋㅋㅋㅋㅋㅋ The fact that she ever thought the land would be released for development counts as real estate speculation...

6. [+70, -1] She bought a 400 million won piece of land for 1.1 billion won and she's really claiming this wasn't real estate speculation ㅋㅋㅋㅋ

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Source: Naver

1. [+1,148, -61] If you fully intended to build a home for yourself, you should've just bought one. Why did you buy land in a forest reserve at all unless to profit off of future development plans?

2. [+592, -17] How does her excuse make any sense ㅋㅋㅋ if she wanted to buy a home, why not buy a home? Why buy a piece of land that's rumored to released for development? ㅋㅋㅋ Does she have rocks for brains?

3. [+356, -12] If this isn't real estate speculation, Kang Ho Dong will have a lot to say...

4. [+221, -7] Honestly, Taeyeon's excuse doesn't make sense. She claims she bought the land to build a home for her family on but what kind of crazy idiot would buy public land that isn't even zoned for residential living? Did she not even check the land register? ㅋㅋㅋ Unless she bought it knowing that it was going to be developed into something else later... why buy land that you can't build houses on when your purpose was to build a house on it? ㅋㅋ

5. [+64, -1] I don't think she understands what real estate speculation means ㅜㅜ

6. [+57, -1] Does she lack intelligence or something? Buying land based off of unofficial information counts as real estate speculation. I get that she's rich but she shouldn't use her family to make excuses for herself like this. I bet you $10 that she doesn't even know what a land registry is.

7. [+56, -4] This ajumma has already made so much money and yet she's greedy enough to invest in hush hush land

8. [+45, -0] She should just stay quiet... ㅜㅠ

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Source: Naver

1. [+231, -5] Well you must've been crazy then because you did participate in real estate speculation;;

2. [+160, -4] And that's what real estate speculation is

3. [+82, -5] The rest of us call this real estate speculation

4. [+73, -0] If she bought that land to build a house on, then she can't really claim she's a victim of fraud since other investors are claiming the land was meant to be developed for something else. And by the way, the land that she bought isn't even flatland, it's a mountain, so how did she expect to build a house on it ㅋㅋㅋ

5. [+18, -2] She does not understand what real estate speculation is... buying real estate, a mountain, land, or a house with the intention of profiting off of it counts as real estate speculation. The only problem is whether your method of finding out was legal or illegal.

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Source: Wikitree via Instagram

1. [+167] Her posting her clarification made things weirder for her... She's really claiming her parents saw the land before buying it? When there's no roads, electricity, running water? A piece of reserve forest land? Isn't that weird? ㅠㅠ If you look up pictures of the location, you can tell that it's just a forest... She should've just said that she bought it without knowing or seeing anything because her excuse is basically just outing her real estate speculation motives. She should take down her story post now.. not sure why her agency let her post that. The fact that her family was informed of development plans for that land before they bought it means they participated in real estate speculation ㅠㅠ

2. [+92] She got scammed in the process of buying land she meant for real estate speculation ㅋㅋㅋㅋ not sure why people are feeling bad for her at all

3. [+30] It's unfortunate that she was scammed but this sounds more like a case of her buying land for real estate speculation and it not panning out...

4. [+24] Find strength ㅜㅜ😢😢

5. [+10] Find strength, Taeyeon-nim

6. [+12] Well that's real estate speculation ㅋㅋ

8. [+7] Not sure where she was 'frauded'... It's not like she wasn't given the land that she paid for. She just bought it for way more than it's worth. What did she have to lose unless she bought it for real estate speculation? She bought it hoping that the land would be developed and the price would go up but it didn't go up... so she reaped what she sowed, basically.

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