Last year’s real estate market can be summarized in one word: polarization and asymmetry. The market was extremely divided by location, type, and condition of homes, with the gap between metropolitan and rural areas, new construction and pre-construction, and apartments and non-apartments widening dramatically. By 2025, this phenomenon is expected to grow even more, making wealth management an increasingly important topic. The recently released book Investment Basics by GPT and Dr. Human uses ChatGPT to help people find answers to questions about money, investing, and how to get rich.

A guide to basic economic concepts

On December 13th, a publication ceremony for Investment Basics by GPT and Dr. Human, co-authored by Lee Tae-gwang, a professor at Midwest University and CEO of Korea Law and Real Estate Institute, and Choi Hee-ryun, head of the research team, and ChatGPT, was held in Gangneung. The book introduces a new approach to economics and management that has never been seen before, and covers a dozen topics from the basics of investing to advanced strategies. Lee and Choi have a long history in real estate and asset management, and have combined GPT’s data analytics and expert insights to provide realistic and actionable investment strategies in the book. “This book is an exploration of how money and investing can change your life for the better, and I recommend it to anyone who wants to understand the connection between money and life and redesign their life around it.” said Choi Hongseo, from the special class at the Institute. Lee is a PhD in Global Real Estate from Midwestern University and also holds a PhD in Leadership Management. “We live with the trends of the times. The year 2025 is in a state of political and economic instability. This book will be a book for these times, conveying the basic economic concepts of wealth, capital and investment in a capitalist country.” says Lee.

Talking about the excellence of the book by 4 presenters

Presenters at the event included Park Tae-ho, a special professor in the Department of Real Estate Finance at Korea Cyber University, Kwon Soon-joo, a doctor of real estate psychology, and Kim Ha-yoon, a doctor of urban planning at the Korea Real Estate Asset Research Institute. “Humans are prone to forgetfulness, but ChatGPT is a reminder that memories and data are alive and well, and being able to revisit them at any time definitely helps us in our lives. This is a very accessible and well-written book that covers real estate policy, economics, and finance in a holistic way, and I like it for paving the way for readers to study real estate with GPT.” said Kwon. “I think this book is a must-read for anyone who is interested in creating wealth through real estate investing because it covers so many different ways to do it.” said Park. “The whole experience of working with ChatGPT and writing the book was amazing and refreshing, and there was a freshness to it that felt like, ‘Let’s get down to the macro level. Everything in investing is so psychological, and I’ve never seen a book that really unpacked that psychology.” said Kim. 

Stable investments and wealth management with thoughtful choices

Lee said the real estate market in 2024 can be summarized as polarization and asymmetry, and in 2025, the gap between metropolitan areas and provincial centers and fringes is likely to widen further. “Gold is a safe haven asset that doesn’t change in value, but real estate is a completely different asset depending on location.” said Lee. While properties in the center of the country are considered safe assets, those on the fringes are likely to become riskier over time. In the coming year, policies such as lowering loan prepayment fees and easing requirements for special loans for newborn babies are likely to follow, while tax incentives for rural unsold properties are also being discussed, but it remains to be seen how effective they will be. “Next year, if you are a non-homeowner, you should take advantage of the period when housing prices are falling or adjusting, and if you own one house, you should consider a strategy to move to a city center. Even in an uncertain economic situation, real estate in the city center is likely to be evaluated as a safe asset, so it is important to choose carefully. In 2025, if you read this trend well and respond to it, you will be able to make stable investments and manage your assets.”