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Key Money in Tokyo

 
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MattElz



Joined: 07 Jan 2004
Posts: 92
Location: New York, NY, USA

PostPosted: Thu Sep 30, 2004 7:45 am    Post subject: Key Money in Tokyo Reply with quote

I am in Kyushu with the lingering possibility of a job in Tokyo. If I am offered it, how much is key money?
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azarashi sushi



Joined: 23 Jan 2003
Posts: 562
Location: Shinjuku

PostPosted: Thu Sep 30, 2004 8:38 am    Post subject: Reply with quote

Key money is usually 2 months rent. You will most probably be required aswell to pay 2 months rent as deposit and one month rent as an agent's fee. There could also be additional charges for insurance etc. And of course one month's rent in adavnce.

You can count on being up for 6 to 7 months rent upfront.
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MattElz



Joined: 07 Jan 2004
Posts: 92
Location: New York, NY, USA

PostPosted: Thu Sep 30, 2004 8:41 am    Post subject: Reply with quote

what about gaijin houses?
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azarashi sushi



Joined: 23 Jan 2003
Posts: 562
Location: Shinjuku

PostPosted: Thu Sep 30, 2004 8:45 am    Post subject: Reply with quote

Usually only about a 20 or 30 thousand yen deposit required
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Glenski



Joined: 15 Jan 2003
Posts: 12844
Location: Hokkaido, JAPAN

PostPosted: Thu Sep 30, 2004 9:07 am    Post subject: Reply with quote

Whether you have to pay key money depends on the outfit that hires you. Eikaiwas recycle their apartments, so they have already paid the key money years in advance. If they ask you to pay it, tell them to take a hike.

High schools and other mainstream schools usually don't provide housing. They might give you a monthly subisidy, pretty meager at best (10,000 yen or so).

Paul can tell you about university situations.
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MattElz



Joined: 07 Jan 2004
Posts: 92
Location: New York, NY, USA

PostPosted: Thu Sep 30, 2004 9:41 am    Post subject: Reply with quote

But is it possible to find an apartment that doesn't require key money to begin with? The school said they'll sponsor me for an apt, but they wouldn't be able to pay the key money. Are gaijin houses worth it?
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azarashi sushi



Joined: 23 Jan 2003
Posts: 562
Location: Shinjuku

PostPosted: Thu Sep 30, 2004 10:44 am    Post subject: Reply with quote

Quote:
But is it possible to find an apartment that doesn't require key money to begin with?


Yes, it is possible but they are definitely few and far between. If you really don't care where you live, you can find cheaper options.

Quote:
Are gaijin houses worth it?


Depends on you? Do you like shared housing? In terms of money only... yes they are worth it. But personally I wouldn't want to live in one.
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Glenski



Joined: 15 Jan 2003
Posts: 12844
Location: Hokkaido, JAPAN

PostPosted: Thu Sep 30, 2004 1:56 pm    Post subject: Reply with quote

Quote:
But is it possible to find an apartment that doesn't require key money to begin with?


http://www.eslcafe.com/forums/job/viewtopic.php?t=4264&highlight=key+money


So, the school expects a person (whether in Japan or not) to come all the way over here, fork out 2-5 times a month's rent just to move in and presumably furnish the place, too? I assume this because that's pretty much the only way I can figure the circumstances. Otherwise, if they have a furnished place available, why would it need key money?

2-5 times an average of 50,000 yen = 100,000 to 250,000 yen just to move in, plus all expenses needed to get a fridge, washing machine, stove, bedding, kitchen utensils, kitchen table and chair, etc.

You get paid 250,000 yen/month, so you won't even break even until the third month, or so.

Red flag, anyone?
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azarashi sushi



Joined: 23 Jan 2003
Posts: 562
Location: Shinjuku

PostPosted: Thu Sep 30, 2004 2:05 pm    Post subject: Reply with quote

Quote:
So, the school expects a person (whether in Japan or not) to come all the way over here, fork out 2-5 times a month's rent just to move in and presumably furnish the place, too?


YES! It's not Hokkaido!

Other than the "Big 4" very few places in Tokyo will offer accomodation. And try finding somewhere in tokyo for 50 000!

Quote:
Red flag, anyone?


No. It's reality.
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Mike L.



Joined: 28 Feb 2003
Posts: 519

PostPosted: Thu Sep 30, 2004 2:09 pm    Post subject: Reply with quote

Quote:
But is it possible to find an apartment that doesn't require key money to begin with? The school said they'll sponsor me for an apt, but they wouldn't be able to pay the key money. Are gaijin houses worth it?


Said it many times and I'll say it again GO CO-OP! (Danchii!!)


www.udc.go.jp


No key money! (3 months deposite)

No theiving real estate agents!

No discrimination!

No guarantor and thus no employer interference in your housing!

The only issues for you might be your Japanese ability for the intial paperwork etc etc

And location! They aren't in the center of Tokyo but more outlying areas.

I'm 20 min from Shinjuku!
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Glenski



Joined: 15 Jan 2003
Posts: 12844
Location: Hokkaido, JAPAN

PostPosted: Thu Sep 30, 2004 3:04 pm    Post subject: Reply with quote

azarashi,

Don't get so worked up. My figure of 50K was purposely low just to show how ridiculous it would be to have to pay for key money when the employer hires you. I am fully aware that prices can be much higher in Tokyo. They are in Hokkaido, too.

To say that "very few places in Tokyo will offer accomodation." piqued my interest. I don't know that many places there, so I can't say who offers what. In the interest of helping others, do you know any?

FWIW:
I did a really quick search on a recent Ohayo Sensei newsletter. What I found was (not surpsingly) pretty scanty, especially concerning whether places pay for key money or not. Here are some rental figures and other details on all of the eikaiwas advertising for FT jobs listed on that one issue.

fukuoka 49K
fukushima 20K plus moving & relocation expenses paid
fukushima 43K (2 places)
fukushima free rent
kobe 50K
hiroshima key money paid
hiroshima 50-56K
ehime key money paid
himeji free rent
osaka semi furnished with free rent
tsukuba no key money needed
nagoya 50K
hamamatsu key money and 1/3 rent paid by employer
chiba 45-60K
saitama 40-50K
kanagawa homestay or shared house (with car provided)
kitazawa 55K

Those last few are in the Tokyo area, so it seems quite possible to find housing for that price range. It just depends on where you want to live and work, I guess.

I know a guy who lives in Ebisu and pays 170,000 yen/month (with four months rent up front).
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azarashi sushi



Joined: 23 Jan 2003
Posts: 562
Location: Shinjuku

PostPosted: Thu Sep 30, 2004 10:55 pm    Post subject: Reply with quote

Hi Glenski... Sorry about getting worked up!

Off the top of my head, I can't think of any specific places that do or don't offer accomodation (other than the Big4). I just remember from my own experience that it was not at all uncommon for employers to only offer to be the guarrantor on an apartment you find yourself.

MattElz mentioned Tokyo in his post... That's why I said it would be difficult to find a place to rent for 50 000. Of course in Saitama, Kanagawa and Chiba, it's totally possible. Depending on where you are in those prefectures, you could be really far or really close to Tokyo.
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guest of Japan



Joined: 28 Feb 2003
Posts: 1601
Location: Japan

PostPosted: Fri Oct 01, 2004 2:07 am    Post subject: Reply with quote

In Chiba it is pretty darn difficult to find an apartment near Tokyo for 50,000. On the bright side, finding an apartment without the key money requirement is quite possible.
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Sweetsee



Joined: 11 Jun 2004
Posts: 2302
Location: ) is everything

PostPosted: Fri Oct 01, 2004 7:14 am    Post subject: Reply with quote

MikeL,


Tell it like it is! I just moved into one of those places and it ROCKS!

They also have maintenance people who will come and promptly repair anything.

They immaculately maintain the common areas.

There are sandboxes for the kiddies.

I have a garden that is probably larger in area than many apartments.

We even moved after 2 months to the first floor and got back every cent.

I have a friend who lives in one in Sangenjaya.

One in Chiba. The previous tenant passed away and as a result he pays half rent for 2 years. What's half of 38,000?

And a friend moved into the building next to ours.

Plus, there is no re-up money every 2 years.

I don't know why more people don't live in these places.

Yesterday I read that they will start renting to folks with no income but enough lettuce in the bank.

I call it living.



You know it MikeL!

Oh yeah, the walls are solid concrete. Can't hear a sausage!
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