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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?