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Housing in China: How Does it Work?
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johnny_russian



Joined: 27 Oct 2014
Posts: 3

PostPosted: Tue Nov 04, 2014 1:35 pm    Post subject: Housing in China: How Does it Work? Reply with quote

Greetings legends!

I'm currently teaching in South Korea, and thinking of moving to China next year.

There's one job in particular I'm interested in, but the problem is that they only provide shared housing, which I'm not really that into. The salary is 15-18,000RMB depending on qualifications. There is an option to take a 1,000RMB per month housing allowance in lieu of the provided housing, which I'd take should I get offered and accept the job.

So, I was hoping someone could please shed some light on how the housing situation in China works. Here in Korea you usually pay a large deposit (key money) of around 5-10 million KRW (about 30-55,000RMB) which is refunded at the end of your housing contract. On top of that you pay rent each month. The more 'key money' you put down, the lower your rent.

Is it something similar in China, or something different completely? Also, based on what I've read a salary of 15-18,000RMB with a 1,000RMB housing allowance should be enough to get a decent place and still save a bit each month, provided I don't spend excessively, right?

The job I'm looking at is specifically in the Changping area/district of Beijing. Thanks for any help! Cool
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RW8677



Joined: 16 Sep 2014
Posts: 60

PostPosted: Tue Nov 04, 2014 2:05 pm    Post subject: Re: Housing in China: How Does it Work? Reply with quote

johnny_russian wrote:
Greetings legends!

I'm currently teaching in South Korea, and thinking of moving to China next year.

There's one job in particular I'm interested in, but the problem is that they only provide shared housing, which I'm not really that into. The salary is 15-18,000RMB depending on qualifications. There is an option to take a 1,000RMB per month housing allowance in lieu of the provided housing, which I'd take should I get offered and accept the job.

So, I was hoping someone could please shed some light on how the housing situation in China works. Here in Korea you usually pay a large deposit (key money) of around 5-10 million KRW (about 30-55,000RMB) which is refunded at the end of your housing contract. On top of that you pay rent each month. The more 'key money' you put down, the lower your rent.

Is it something similar in China, or something different completely? Also, based on what I've read a salary of 15-18,000RMB with a 1,000RMB housing allowance should be enough to get a decent place and still save a bit each month, provided I don't spend excessively, right?

The job I'm looking at is specifically in the Changping area/district of Beijing. Thanks for any help! Cool


Usually 2 or 3 months deposit. Beijing rents are high - not too familiar with the city but would guess 4/5 K in anywhere decent and at least somewhat central. If you get 19 you will be left with 12/13 after rent/tax/utilities. Not a bad sum, not great. I know people who scrape by on 2/3 thousand a month for living, so yeah saving is possible. I consider 1000 to be reasonable walking around money for a week. But this does not include my pub, and traveling money. Actually the wife and I spend too much - you should be able to manage 6-8K a month even with a couple of pub and restaurant night. If the offer you 16, pass.
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BleedingBlue



Joined: 22 Oct 2014
Posts: 87

PostPosted: Tue Nov 04, 2014 2:12 pm    Post subject: Reply with quote

China and Korea are different countries, you do realize that, right? You've indicated salary, but mention little about a city. Thus, it's impossible to shed light on housing prices. Renting a place is simple - you rent it. There is no law or whatever to dictate how things go - in other words, the spectrum of possibilities is endless. Let's use the correct phrase... deposit, not key money. You simply rent it, few owners will ask for a deposit.

You are really making an issue out of nothing. You rent a place. You seem to be asking simple questions that raises a red flag on your suitability to live overseas - you are asking someone to tell you how to save money or not spend excessively. Interesting. China is not Korea. Cost of living is different and so on. You seem overly worried about money - suggesting that China is not the place for you.

I live in the capital of a province and I have a 160 square meter place and I pay only 1000 RMB per month.

You're really internally exaggerating the issue mentally. Renting is simple enough.
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RW8677



Joined: 16 Sep 2014
Posts: 60

PostPosted: Tue Nov 04, 2014 2:20 pm    Post subject: Reply with quote

BleedingBlue wrote:
You've indicated salary, but mention little about a city.


The job I'm looking at is specifically in the Changping area/district of Beijing. Thanks for any help!

China and Korea are different countries you do realize that, right?

No - I am quite sure he believes they are the same, just as I do

You're really internally exaggerating the issue mentally.

If one of my students wrote a sentence like this I would smack him/her upside the head.
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jm21



Joined: 26 Feb 2008
Posts: 406

PostPosted: Tue Nov 04, 2014 3:06 pm    Post subject: Reply with quote

BleedingBlue wrote:
China and Korea are different countries, you do realize that, right? You've indicated salary, but mention little about a city. Thus, it's impossible to shed light on housing prices. Renting a place is simple - you rent it. There is no law or whatever to dictate how things go - in other words, the spectrum of possibilities is endless. Let's use the correct phrase... deposit, not key money. You simply rent it, few owners will ask for a deposit.

You are really making an issue out of nothing. You rent a place. You seem to be asking simple questions that raises a red flag on your suitability to live overseas - you are asking someone to tell you how to save money or not spend excessively. Interesting. China is not Korea. Cost of living is different and so on. You seem overly worried about money - suggesting that China is not the place for you.

I live in the capital of a province and I have a 160 square meter place and I pay only 1000 RMB per month.

You're really internally exaggerating the issue mentally. Renting is simple enough.


Seriously, how do you get from the OP to this? You make the board seem like it's full of crazy people.

To the OP, I think shared housing is not that common. 1,000 is pretty low for a housing allowance anywhere in Beijing. Three months rent is common as a deposit where I live. I've heard of landlords asking for larger deposits in prime areas but it looks like where the school is at is a pretty fringe suburb. Try 58.com for rental prices.

You could save maybe 1-1.5k usd per month on that salary pretty easily I would think. Sent you a pm with some more info.
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BleedingBlue



Joined: 22 Oct 2014
Posts: 87

PostPosted: Tue Nov 04, 2014 6:20 pm    Post subject: Reply with quote

Fact is, Dave's ESL IS filled, nearly to capacity with crazy people. I am glad you also see it. Crazy, ranting, blaming everyone but themselves for decisions and acts, inappropriate demand that China change for them, codependency dominated (which is a bad sign for someone up-and-leaving their native land to come here, alone, language impaired, etc.) and unable to make decisions - expecting others to make it for them. It takes a specific personalty type to drop your life in the west and come to China and expect to survive mentally and so on. Look at the alcohol and "tobacco" dependence - it is a coping mechanism for those unable to cope. So, yes, I agree with your inference, the board IS full of crazy people that shouldn't be here, let alone China. Seems only I am willing to be blunt. So, there is where my assessment is PROVEN with all the negative comments and PERSONAL attacks that are forthcoming. It will only reinforce and support (prove) my evaluation. We all know it.
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talentedcrayon



Joined: 19 Mar 2013
Posts: 91

PostPosted: Tue Nov 04, 2014 9:15 pm    Post subject: Reply with quote

BleedingBlue wrote:
Fact is, Dave's ESL IS filled, nearly to capacity with crazy people. I am glad you also see it. Crazy, ranting, blaming everyone but themselves for decisions and acts, inappropriate demand that China change for them, codependency dominated (which is a bad sign for someone up-and-leaving their native land to come here, alone, language impaired, etc.) and unable to make decisions - expecting others to make it for them. It takes a specific personalty type to drop your life in the west and come to China and expect to survive mentally and so on. Look at the alcohol and "tobacco" dependence - it is a coping mechanism for those unable to cope. So, yes, I agree with your inference, the board IS full of crazy people that shouldn't be here, let alone China. Seems only I am willing to be blunt. So, there is where my assessment is PROVEN with all the negative comments and PERSONAL attacks that are forthcoming. It will only reinforce and support (prove) my evaluation. We all know it.


I agree with you BB. ESL in general attracts people from outside the normal spectrum, you don't even need the "Cafe." But, certainly, the Cafe demonstrates that there are numerous people teaching overseas that are about 23 cards short of a full deck. I for example can't seem to find any of the spades and a few of the hearts in my deck.

But, like the plot to a Shyamalan film, have you ever considered that... maybe... you are the one that's crazy? Holy plot twist batman!

I certainly considered this. That is that you might be the crazy one and the OP might just be a normal guy with some apprehension about moving to China and a few legitimate questions about rent.
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johnny_russian



Joined: 27 Oct 2014
Posts: 3

PostPosted: Wed Nov 05, 2014 11:33 am    Post subject: Reply with quote

seems i should make some clarifications here.

i do of course realize China and Korea are two different countries. the comparison to Korea was because the 'key money' you have to put down here in Korea requires a very large financial outlay at the beginning - more than 10 times what your rent for the whole year would be, at least - and i just wanted to know if it was the same or similar in China so I could do a rough budget of what it would cost me to move to China and find housing there. in comparison, paying 3 months deposit is really not that bad.

i'm not entirely interested in money, in fact the main reason i want the job i'm looking at is because it would allow me to potentially teach in my subject area - which is not ESL - so it would be a good career move for me. i do of course need to make some savings every month so that i have something in the bank when i eventually move on, so money is of course somewhat important.

as for my suitability to live in China, nothing is ever certain in life, but I think i'll survive. when i was 20 i moved out of my parents place to do a postgraduate degree in a completely different city on the other side of the country, not knowing a single person in that city and never having even been there before. i managed to get through that ok.

Seven years later i packed up my life again and moved to Korea not knowing a word of Korean and never having even been out of my home country before. i then spent my first year living in a village in the middle of nowhere in Gangwon-do where quite literally no-one spoke a word of English. and i managed to get through that ok.

i'm trying to research as much as i can about living and teaching in China at the moment, and asking about housing is just one part of my research. so thanks to everyone who offered helpful advice, and thanks in particular to jm21 for the PM.

keep it E.Z. dames and fellas Cool
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creeper1



Joined: 24 Aug 2010
Posts: 481
Location: New Taipei City, Taiwan

PostPosted: Wed Nov 05, 2014 3:54 pm    Post subject: Reply with quote

I live far from the city center and pay 3000 a month for my own apartment.

Start up costs are the following.

3 months rent upfront + deposit (one month) + agent fee (one month)

So it is a total of 5 months rent you pay to get started.

The one that really bites is the agent fee since coming from Korea you will never heard of that.

Honestly just stay in Korea.
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talentedcrayon



Joined: 19 Mar 2013
Posts: 91

PostPosted: Thu Nov 06, 2014 7:30 am    Post subject: Reply with quote

OP -

Don't listen to the naysayers. Come to China.

You seem to have the right attitude and clearly you have survived Korea in the boonies. I think you will do fine.
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litterascriptor



Joined: 17 Jan 2013
Posts: 360

PostPosted: Thu Nov 06, 2014 8:27 am    Post subject: Reply with quote

Laughing

This thread delivers.
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True Blue



Joined: 12 Nov 2014
Posts: 71

PostPosted: Thu Nov 20, 2014 11:48 pm    Post subject: Reply with quote

Work for a university and you will always be provided a free furnished apartment.
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El Macho



Joined: 30 Jan 2006
Posts: 200

PostPosted: Fri Nov 21, 2014 12:44 am    Post subject: Reply with quote

Don't listen to BleedingBlue, he's just a troll.

No key money in China. Expect to pay at least three months rent at a time, 1-3 months rent as deposit, as well as having to pay the real estate person as much as one month's rent as a finder's fee.

Rent in Changping should be less than rent in the rest of BJ because it's well outside of the city. Depending on access to the metro, I would think that you'd be able to find something decent for under 5,000.

If you do choose to get the 1,000, find out whether or not it is taxed. Money for rent can/should be exempted from income tax.
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Shanghai Noon



Joined: 18 Aug 2013
Posts: 589
Location: Shanghai, China

PostPosted: Fri Nov 21, 2014 2:38 am    Post subject: Reply with quote

creeper1 wrote:
I live far from the city center and pay 3000 a month for my own apartment.

Start up costs are the following.

3 months rent upfront + deposit (one month) + agent fee (one month)

So it is a total of 5 months rent you pay to get started.

The one that really bites is the agent fee since coming from Korea you will never heard of that.

Honestly just stay in Korea.


How far outside are you? Far outside of Shanghai's city center (惠南) I paid 2,500元 per month. 3,000元 sounds like a bit much.
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BleedingBlue



Joined: 22 Oct 2014
Posts: 87

PostPosted: Fri Nov 21, 2014 5:58 am    Post subject: Reply with quote

True Blue wrote:
Work for a university and you will always be provided a free furnished apartment.


Now THAT is hilarious. ALWAYS? Really? Wow.
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