My Calling Is Profiler [EN]: Chapter 199

“I didn’t just come to ask for help.”

‘Certainly, if I compare what I helped with to what I did for Haneul Industries, I’m at a disadvantage.’

It’s true that I drove out the internal spy and gave the grandson a chance, but Bae Deok-gi didn’t know that the internal spy would ruin the company. Giving the opportunity is appreciated, but it was too small of an opportunity compared to the benefits Haneul Industries gained.

“Give and take. It’s the basis of all transactions.”

“So, what can you give me?”

Park Do-joon’s eyes twinkled at those words.

“I have something worth trading. Something that will repay the debts and rather put something in my hands.”

Bae Deok-gi tilted his head, curious at those words.

“Me? It won’t be enough with something mediocre, will it?”

It’s not just any place; it’s Hyunseong Group. They have no shortage of money or power. But what can Park Do-joon offer? At the next words, Bae Deok-gi’s mouth dropped open.

“I will give you the Incheon 11th District apartment construction project.”

Incheon is a big city, and at the same time, a somewhat run-down one. So, redevelopment is inevitable someday.

“And the 11th district is where that ‘someday’ has arrived.”

Park Do-joon said to Jung I-yeon next to him.

“Old and dilapidated district, unstable security, and a collapsing local economy.”

“Why is it like this here?”

“It used to be a place where small factories were concentrated.”

Originally, it was a place where small factories were closely packed together.

“Originally, it was once a famous place. It was also called Calendar Alley.”

“Calendar Alley? But why did it go bankrupt?”

“When was the last time you saw a calendar?”

“Ah, I see.”

There were small printing houses in the area, and every year at the end of the year, they made a huge number of calendars and distributed them across the country.

“But now there are hardly any calendars.”

Except for calendars made for promotion, there are almost no purchases in modern times. Everyone carries a cell phone.

Of course, there are places like banks that distribute calendars in large quantities, but those places entrust them to factories in large quantities, not to these small alleys.

“But when was it a few years ago? I can’t remember exactly, but anyway, there was an incident where this alley went bankrupt all at once.”

“What is it?”

“The holidays have changed.”

Originally, holidays and such are all set, so they calculate those things and make calendars in advance.

But shortly before the new year, the government suddenly deleted the existing holidays.

“Calendars are made in advance at the end of the year.”

Usually, they are made to order, but because it is a time when a quantity that cannot be handled with only order production is concentrated, these places naturally made calendars in advance.

However, suddenly there was a change in the holidays, and the entire existing production volume was discarded.

“The problem is that it’s not just once.”

The second calendars that were made with such effort.

Before that was released, a political incident broke out and the calendar had to be changed again.

“Because it’s a small factory.”

“Ah……”

No matter how much they produce in advance, the amount is not small, and the existing calendars had to be completely disposed of, so the loss was enormous.

Calendar Alley, which was already collapsing, completely collapsed due to the incident.

“After that, Incheon City decided to redevelop the area.”

It is already a dilapidated neighborhood. However, in the case of commercial districts that are in business, the compensation is so expensive that they could not redevelop it, but when the opportunity came and most of the companies left, they decided to redevelop it before other places came in.

The average lifespan of buildings in the area is 40 to 50 years, so it was an area worth redeveloping.

“But what does that have to do with Hyunseong Group?”

“Hyunseong Group bid for it and lost.”

They barely came in second.

“Who came in first?”

“Jindo Group.”

“Ehe, that must be frustrating.”

“Do you know about it too?”

“I know. Jindo Group and Hyunseong Group are mortal enemies. That’s not exactly a secret, is it?”

‘That’s true.’

Jindo Group has been secretly planting spies for decades to ruin Hyunseong Group. In the original history, they actually succeeded.

In this life, they failed because of me and instead suffered all kinds of humiliation and got covered in poop.

“But how are you going to overturn something that’s already been decided?”

“I have to find out.”

“Pardon?”

Jung I-yeon’s eyes widened at Park Do-joon’s words.

‘I don’t remember exactly either.’

If my memory is correct, Hyunseong Group will actually redevelop this place later. I don’t know why, but Jindo Group withdraws from the place, and Hyunseong Group wins first place in the re-bid, taking the redevelopment profits from Hyunseong.

‘The reason for that won’t be small.’

The redevelopment profit of Incheon 11th District will be at least hundreds of billions of won [hundreds of millions of US dollars]. There is no reason for Jindo Group to step down because they are nice. In other words, there must be a big reason…….

No matter how much I search my head, I can’t remember.

‘That means it’s related to a crime.’

If it is due to a financial crunch or other economic reasons, Jindo Group will not give up Incheon 11th District, a place where honey drips.

‘Moreover, considering Jindo Group’s personality, they are not the type to give up.’

It was enough to grasp Jindo Group’s tendency, even though I only brushed against them once. Jindo Group were vicious hyenas. They would suck every last piece of bone and marrow, and they wouldn’t leave anything for others to eat.

Those kinds of guys suddenly give up everything and leave?

‘They didn’t leave, they had no choice but to leave.’

There was no other answer, and that is definitely a crime.

They are not the type to leave because of clumsy profit and loss calculations. Even out of pride, they would have desperately endured and tried to rip it off.

Why did such Jindo Group give up and leave?

‘If I find out about that a little earlier, Hyunseong Group will be able to establish itself a little faster.’

Originally, the redevelopment of this place would take more than 10 years to complete. There’s no choice. Jindo Group held on and dragged it out, and then later they had no choice but to let go, and then Hyunseong came in and started construction.

“Sunbae [senior colleague]!”

“Yeah?”

“What are you thinking so hard about?”

“It’s nothing.”

“But what can we find out by going to that 11th district? Honestly, I don’t think I’ll know.”

Jung I-yeon said worriedly.

“I don’t think there will be anything?”

“That would be the case in the current situation.”

Even if we go there, construction has not started, and it is not like the residents have left.

Of course, people are still living there.

“First, we have to go. There must be something if we go to the redevelopment association.”

Park Do-joon said indifferently while driving.

Incheon 11th District. That is just a term to group the areas that are being redeveloped.

“Juhwa-dong and Isin-dong. These two places are grouped together and called the Incheon 11th Redevelopment District.”

“It’s a really old neighborhood.”

Jung I-yeon’s eyes widened when she arrived at the site.

“What’s so amazing?”

“No, I’ve never seen a neighborhood like this before. To be honest, I’ve lived in apartments my whole life.”

“You’re still young……”

“I’m only one year apart from Sunbae.”

“Ah, that’s right.”

Thinking about it… in a way, it’s natural. Now is the era when kids who have only lived in apartments rather than these old and dilapidated houses are becoming adults and starting to work.

“Sunbaenim [term of respect for a senior colleague] seems to know a lot?”

“Well, not to this extent, but the place I lived when I was young was also a residential area.”

Park Do-joon now lives in a studio rather than a residential area, but he lived in a residential area when he was young and then lived in an apartment from high school.

“Of course, not as old as here.”

“It seems like redevelopment would have already started in other places, but why is it taking so long here?”

I’m not kidding. In other places, redevelopment is talked about after only 30 years, but redevelopment was talked about quite late here.

“Because there’s no money.”

“Pardon?”

“Incheon has a large population, but it’s not a rich neighborhood.”

Incheon is a poor city compared to its population. A typical city of workers.

“Why are there so many companies?”

“Because there are many companies.”

“Pardon? Shouldn’t the price go up much higher if the workplace and home are close?”

Park Do-joon shook his head at those words.

“That’s only for large companies or office workers. You learned that way too, but strictly speaking, that’s not true.”

Park Do-joon scratched his head.

“Pardon?”

“It can’t be helped. When Korea educates about companies, it focuses on large companies and educates in a way that makes it easy for large companies to move.”

As a result, there are many cases where they do not know properly about small companies or manufacturing.

“Incheon has almost no large-scale factories, mostly small and medium-sized factories. And it’s usually manufacturing.”

In such cases, it is difficult for the land price in the area to rise. Because in order to raise the land price, the people living there must have money, but realistically, it is difficult for such small and medium-sized companies to pay high salaries to the workers working in the area.

“Also, in the case of cities with factories around, the living environment is not good.”

In the case of huge factories, they will be subject to very strict environmental regulations, but in the case of these small companies, they are not subject to such environmental regulations.

“Look around. How does it look?”

“Oh, ah…… I see.”

Since almost all printing houses have closed and only some are operating, most places do not feel clean.

“From a social point of view, these factory zones and closely related living areas are bound to be disadvantageous in terms of living environment and education.”

In such an environment, house prices tend not to rise, and since house prices do not rise, there is no reason to remodel or build new houses, so the houses tend to become more and more dilapidated.

“I didn’t know at all.”

“Profilers don’t just read people’s minds. Topography and geography also have a close relationship with crime.”

Park Do-joon said while looking around.

“Incheon City is probably thinking that redeveloping this area is an opportunity.”

“An opportunity?”

“I told you. This area is in this situation now, but there are still buildings. There is no law that says other factories can’t come in.”

From the building owner’s point of view, they cannot just leave the building empty. Of course, they will try to accept small factories there and receive rent.

“But if you decide to redevelop, you don’t fill it with factories.”

In such cases, it can become complicated later due to issues such as relocation costs or refunding money.

“There are many things to be aware of in order to redevelop. Moreover, Incheon is even more so.”

Incheon is a region with a shortage of housing. There are many small factories and a lot of labor.

Moreover, Incheon is an old city. As a result, there is a structure in which small factories and residential areas are mixed.

“It’s not easy to redevelop these places.”

“So, this is an opportunity.”

“That’s right. It’s something that the homeowners would welcome.”

Buildings have a lifespan. And old houses will inevitably cost more to repair little by little. It’s like that after only 30 years, so what about houses that are 50 years old?

Water leaks and drafts come in. However, it is an area where you cannot easily increase the monthly rent.

“So, the homeowners welcome it.”

Park Do-joon said, looking at the sky. A placard attached between two utility poles.

-Incheon 11th District Redevelopment Confirmed.

Profiler by Trade