Comments on: Wanna buy a temple?

By: sanshinseon

sanshinseon — Thu, 11 May 2006 09:24:57 +0000

It certainly has a beautiful location…

If interested, here’s a page i’ve been working on to try
to clarify the confusion generated by that National Park
being named “Bukhansan” [North-of-Han Mountains], as some
Koreans (even some tourist-map-makers!) are calling one
of the mountains within that sub-range by that name…:
http://www.san-shin.net/Bukhansan.html

By: Robert

Robert — Thu, 11 May 2006 06:00:02 +0000

Thanks for that explanation—wasn’t sure exactly what was going on.

Oh, and the piece hinted that the property would most likely be sold to someone with a direct interest in the temple, most likely a Buddhist group or someone connected with the National Park in which it’s located. So no need to worry about the apartment blocks.

By: Zonath

Zonath — Thu, 11 May 2006 05:56:04 +0000

Actually, the people with the bonds aren’t necessarily the outright owners of the property. They’re most likely financers from whom the temple borrowed money, with the temple as collateral. Seeing as they’re excercising their fixed-collateral rights, the temple has probably defaulted on the loan, giving the lenders the right to force a sale in order to recover the money they’ve lent (with any remainder going to the actual owners of the temple.)

At any rate, it’s a nice-looking temple. I sure hope the new owners don’t bulldoze it and throw up more featureless apartment blocks. (I know… probably protected by law or something, but you never know.)