The film's central narrative pivots on several major twists and escalations:
- The Impostor Twist: The leader known as Kim Young-tak is actually Mo Se-beom, a destitute taxi driver scammed of his life savings by the real Young-tak. On the night of the earthquake, Mo Se-beom murdered the real Young-tak in Unit 902, hid his corpse in a refrigerator, and assumed his identity when the catastrophe struck to claim the home he was denied.
- Elimination of Dissent: When Unit 902 resident Hye-won returns and discovers her father's killer leading the complex, Young-tak throws her down a deep ground fissure to protect his secret. Meanwhile, the dissenting tenant Do-kyun commits suicide by leaping from the building in protest of the community's brutality.
- The Climax and Fall: Myeong-hwa discovers the real Young-tak's body and exposes Mo Se-beom at a resident assembly. Amid the internal chaos, an armed mob of outside refugees breaches the defenses, resulting in a bloody siege. Mo Se-beom is fatally wounded and dies inside Unit 902 hallucinating welcoming his family home.
- The Epilogue: Min-sung and Myeong-hwa escape, but Min-sung dies from stab wounds in a ruined church. Myeong-hwa is rescued by an egalitarian commune living in a horizontally fallen high-rise, where survivors share food without checking property deeds.