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Tsian
Joined: 10 Jan 2012
Posts: 85
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 Posted: Thu Jan 26, 2012 2:20 am Post subject: |
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| I think a lot comes down to luck (and perhaps Japanese ability). LP can be cheap, especially if you are in a rush and looking for a good, furnished place for the short term. But, generally speaking, if you look around, you can find places which ask for minimal key/move-in money and for which you can be in the door for less than, or the same as LP. But, of course, the more attractive units (and locations) are more likely to have higher upfront costs, so, really, it comes down to a trade off between how much time you are willing to spend looking, and how particular you want to be about your apartments location and construction (mansion vs. wood, etc). |
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rxk22
Joined: 19 May 2010
Posts: 1629
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| Posted: Thu Jan 26, 2012 8:14 am Post subject: |
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| seklarwia wrote: |
| rxk22 wrote: |
| I looked at a LP, and in my area, to move in, I had to pay between up front rent, deposit and keymoney, I think it came to 200,000�. To me they just called the fees different things is all. |
Exactly; 200,000 including upfront rent. I paid double that to simply get the keys for my private rental. That's why in the short term, LP would have been way better value. |
I am disagreeing. My 2ldk cost me 160,000 up front. While the LP would have been 200k. So, in myarea, even short term, LP is still pretty steep. |
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seklarwia
Joined: 20 Jan 2009
Posts: 1546
Location: Monkey onsen, Nagano
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| Posted: Thu Jan 26, 2012 8:45 am Post subject: |
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| rxk22 wrote: |
| I am disagreeing. My 2ldk cost me 160,000 up front. While the LP would have been 200k. So, in my area, even short term, LP is still pretty steep. |
Perhaps in your case (unless you can say for definate that nobody has to pay for key money, etc in your area) it worked out cheaper.
In mine, I paid a total of more than 300,000 more moving into my private rental (200,000 in additional fees + 100,000 in furnishings + internet installation) in comparison to moving into my LP and had the additional cost of paying for internet every month.
If I had had a car, I could have gotten a place with less fees slightly out of town. But because I didn't and I lived in a small city with a non existant public transportation system, I was forced to live within walking distance of my school (cycling in winter was impossible to do safely) in a much more central part of town where there were fewer nice places to choose from and an ever growing Tokyo commuter population thanks to the shinkansen link in our city which could get them into Tokyo Station in little more than hour - which meant that landlords were more reluctant to drop the key money on premium properties especially at the time I was moving because another influx of commuters and families was going to start arriving only a month down the road. |
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rxk22
Joined: 19 May 2010
Posts: 1629
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| Posted: Thu Jan 26, 2012 11:07 am Post subject: |
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| seklarwia wrote: |
| rxk22 wrote: |
| I am disagreeing. My 2ldk cost me 160,000 up front. While the LP would have been 200k. So, in my area, even short term, LP is still pretty steep. |
Perhaps in your case (unless you can say for definate that nobody has to pay for key money, etc in your area) it worked out cheaper.
In mine, I paid a total of more than 300,000 more moving into my private rental (200,000 in additional fees + 100,000 in furnishings + internet installation) in comparison to moving into my LP and had the additional cost of paying for internet every month.
If I had had a car, I could have gotten a place with less fees slightly out of town. But because I didn't and I lived in a small city with a non existant public transportation system, I was forced to live within walking distance of my school (cycling in winter was impossible to do safely) in a much more central part of town where there were fewer nice places to choose from and an ever growing Tokyo commuter population thanks to the shinkansen link in our city which could get them into Tokyo Station in little more than hour - which meant that landlords were more reluctant to drop the key money on premium properties especially at the time I was moving because another influx of commuters and families was going to start arriving only a month down the road. |
Oh yeah, for LP level places, you usually don't have to pay reikin. If it is listed, you just say you don't want to pay it, and they cross it out. Only the really nice places, which an ALT can't afford, require reikin.
That's rough. I wouldn't want to live that close to my school. I guess if your area is turning into the new commuter zone, it might have a lot more comp. Most other areas, the occupancy levels are stable, so they can' afford to squeeze more outa tenants |
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seklarwia
Joined: 20 Jan 2009
Posts: 1546
Location: Monkey onsen, Nagano
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| Posted: Thu Jan 26, 2012 1:33 pm Post subject: |
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| rxk22 wrote: |
| That's rough. I wouldn't want to live that close to my school. I guess if your area is turning into the new commuter zone, it might have a lot more comp. Most other areas, the occupancy levels are stable, so they can' afford to squeeze more outa tenants |
Why not?
Actually I really liked living near my school especially since my school was five mins from the shinkansen station which is where our mall and best shopping and entertainment areas were.
The other great thing was that when my father, brothers or friends did their usual (send me an SMS Friday lunchtime from HK airport telling me that they'll be coming that evening!) I could pop home after school, pick up some bits and meet them at Keisei Ueno by about 7pm.
In my old city the demand for places was a bit crazy. They were building three large apartment blocks by the station which was due to be completed the coming March; every single unit had been reserved by time I visited the agent in December. And in the two years I lived there, I lost count of the number of family houses I saw completed. The builders simply couldn't build fast enough.
My apartment was especially in demand because it was pretty new, large enough for a family, was alongside a nursery, 5 mins walk from the largest ES in city, walking distance from the largest JH in our prefecture area (my school, also happened to have a pretty good academic and sports rep) and even closer to two HSs (one of which is a rather prestigious private school with a high level basketball team and Koshien level baseball team). |
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rxk22
Joined: 19 May 2010
Posts: 1629
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| Posted: Fri Jan 27, 2012 3:19 am Post subject: |
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| seklarwia wrote: |
| rxk22 wrote: |
| That's rough. I wouldn't want to live that close to my school. I guess if your area is turning into the new commuter zone, it might have a lot more comp. Most other areas, the occupancy levels are stable, so they can' afford to squeeze more outa tenants |
Why not?
Actually I really liked living near my school especially since my school was five mins from the shinkansen station which is where our mall and best shopping and entertainment areas were.
The other great thing was that when my father, brothers or friends did their usual (send me an SMS Friday lunchtime from HK airport telling me that they'll be coming that evening!) I could pop home after school, pick up some bits and meet them at Keisei Ueno by about 7pm.
In my old city the demand for places was a bit crazy. They were building three large apartment blocks by the station which was due to be completed the coming March; every single unit had been reserved by time I visited the agent in December. And in the two years I lived there, I lost count of the number of family houses I saw completed. The builders simply couldn't build fast enough.
My apartment was especially in demand because it was pretty new, large enough for a family, was alongside a nursery, 5 mins walk from the largest ES in city, walking distance from the largest JH in our prefecture area (my school, also happened to have a pretty good academic and sports rep) and even closer to two HSs (one of which is a rather prestigious private school with a high level basketball team and Koshien level baseball team). |
Mostly on account of me going to bad schools in general. Don't need my kids trying to get me to buy them cigs  I have also lived out in the middle of nowhere. The Shinkansen station was 2 1/2 hours away.
Wonder where these families are coming from? Must be some serious emptying of somewhere. East of CHiba city, there has been a crap ton of single family homes built. Also in my area, they are rebuilding a lot of the old apartments that had few residents. Wonder if this is kinda like a cicada cycle? Where even whatever years, a big boom comes about? |
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