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RENTS/DEPOSIT? ONE MONTH OR TWO or nothing?

 
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MADAMELEACH



Joined: 27 Aug 2009
Posts: 46
Location: WELLINGTON

PostPosted: Sat Sep 12, 2009 10:25 pm    Post subject: RENTS/DEPOSIT? ONE MONTH OR TWO or nothing? Reply with quote

[size=12]I have not yet found a place to live but

ANy knowledge about whether us teachers have to hand over two months deposit plus one month in advance or just the one?

Saying this, surely the more you hand over the less you are likely to get back! -depending on whether the landlord/owner keep their word
[/size].
Rolling Eyes
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The Ever-changing Cleric



Joined: 19 Feb 2009
Posts: 1523

PostPosted: Sat Sep 12, 2009 11:41 pm    Post subject: Reply with quote

do you have a job yet? if not, 1. many employers either provide a place for you gratis, 2. or else they give you a monthly housing allowance. if you're worried about losing money on a security deposit for an apartment, find a job where 1 or 2 above applies.

as for security deposits, i've never had to pay one, so can't advise you on that.
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Jordean



Joined: 12 Dec 2006
Posts: 238

PostPosted: Sun Sep 13, 2009 2:37 am    Post subject: Reply with quote

Here in BJ I pay one month deposit, and usually pay three months' rent in advance. Some places try to get six months or a year in advance, but that seems like an invitation to trouble.

Is your employer helping at all with this process? If not, try to enlist some local support once you're on the ground, to help smooth these things out.

The first of many novelties you will face. Laughing
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happigur1



Joined: 25 Jul 2009
Posts: 228
Location: USA

PostPosted: Sun Sep 13, 2009 3:33 am    Post subject: Reply with quote

I paid 6 months in advance and one month deposit. The reasoning for this was that I lived in Nanjing and the boss lived in Shanghai. When I moved out he returned the entire deposit without even really looking at the apartment (lucky for me). The one problem I ran into was that the landlord started having people come over to look at the place while I was still living there. That wouldn't bother me so much if only Chinese people come on time!
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thefuzz



Joined: 10 Aug 2009
Posts: 271

PostPosted: Sun Sep 13, 2009 4:30 am    Post subject: Reply with quote

Depends on where you are in China. Some schools provide housing, but most training centers don't so you'll have to find your own place. A word of advice: take a Chinese friend or someone from the school when you go apartment hunting as it will make things a whole lot easier, plus if the Chinese friend does all the talking you will not be charged "foreign prices" when renting. I've lived and rented apartments in three cities:

1. Shanghai: 3 months deposit and 1 month rent upfront.

2. Guangzhou: 2 months deposit and 1 month rent upfront.

3. Shenzhen: 2 months deposit and 1 month rent upfront.

Depending on the place, this might be quite an expense, so get a job first and rent later. In some cities there are apartments that you can rent from month to month without deposits, but are generally much more expensive.

When renting you will need to sign a minimum 1 year contract. If for some reason you break the contract (leave early, for example) the landlord will keep all the deposits.

Apartments are fully furnished and monthly rental prices depend on how well they are furnished. A new place with LCD TV's and other gadgets may be quite expensive, so always ask the rental agency for an apartment that is not lavishly furnished (it will be cheaper).

Also, on top of all the deposits and rent, you will also need to pay an agency fee if you use their services.
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MADAMELEACH



Joined: 27 Aug 2009
Posts: 46
Location: WELLINGTON

PostPosted: Sat Sep 19, 2009 5:50 pm    Post subject: RENTS/DEPOSITS Reply with quote

Thanks so far for the information regarding rents/deposits.

I'm still researching the costs before I go.


Feel free to update me about rents in SHENZHEN/Shanghai/ Tianjin/Beejing in particular

or even Hainan. Wink
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Molson



Joined: 01 May 2009
Posts: 137
Location: China

PostPosted: Sun Sep 20, 2009 1:42 am    Post subject: Reply with quote

Jordean wrote:
Here in BJ I pay one month deposit, and usually pay three months' rent in advance. Some places try to get six months or a year in advance, but that seems like an invitation to trouble.

Is your employer helping at all with this process? If not, try to enlist some local support once you're on the ground, to help smooth these things out.

The first of many novelties you will face. Laughing


I am in Tianjin and I had to do 1 month deposit plus 3 months rent. Talk about a pain in the butt. My housing allowance is given each month, so essentially I had to front 2 months rent and the deposit. I guess the good thing is at the end of my contract it will all be money in the bank Smile
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chinatwin88



Joined: 31 Aug 2009
Posts: 379
Location: Peking

PostPosted: Sun Sep 20, 2009 2:49 am    Post subject: Reply with quote

3000 per month paid each month with 500 deposit.
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Sonnibarger



Joined: 15 May 2007
Posts: 320
Location: Wuhan

PostPosted: Sun Sep 20, 2009 4:34 am    Post subject: Reply with quote

2 months deposit plus 3 months rent.. grand total of 5000rmb... make sure you put away a little cash for rent every month... paying 3 months rent from one paycheck can make for one shitty month
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Molson



Joined: 01 May 2009
Posts: 137
Location: China

PostPosted: Sun Sep 20, 2009 9:01 am    Post subject: Reply with quote

Sonnibarger wrote:
2 months deposit plus 3 months rent.. grand total of 5000rmb... make sure you put away a little cash for rent every month... paying 3 months rent from one paycheck can make for one shitty month


I hear that! This month has been VERY tight. What pisses me off more is that my pay should be on the 5th of Oct, but they won't submit it until the 11th or 12th because our Chinese overlords refuse to pay before the holiday...so yeah a rough month for me to have paid 3 months rent upfront Sad
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Lobster



Joined: 20 Jun 2006
Posts: 2040
Location: Somewhere under the Sea

PostPosted: Sun Sep 20, 2009 9:25 am    Post subject: Reply with quote

I think that 1 month's deposit and 3 months' advance rent is enough. If you negotiate, you should be able to make this agreement. You're probably already paying 20% more for the place than a Chinese person would.

Have your home phone cut off a month before you move out. That will help you settle the deposit refund more easily.

RED
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