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princess
Joined: 16 Jan 2003
Location: soul of Asia
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 Posted: Sun Aug 16, 2009 4:24 am Post subject: Explain this to me... |
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| How in high heavens can an elementary school teacher here pay rent on an apartment in Bangbae dong??? I know a girl here teaching at an American elementary school in Seoul, and she has an apartment in Bangbae-dong. The cheapest ones I saw on the website where she found her place were like 3,000,000 a month. I know elementary school teachers do NOT normally even get paid that much in a month. Do some elementary schools here actually let their teachers choose an apartment like this? She also looked at a place in Cheongdam before she chose the one in Bangbae...I don't get it. |
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tremendous
Joined: 12 Aug 2009
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| Posted: Sun Aug 16, 2009 4:26 am Post subject: |
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| Let's lynch her. |
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thoreau
Joined: 21 Jun 2009
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| Posted: Sun Aug 16, 2009 4:40 am Post subject: Re: Explain this to me... |
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| princess wrote: |
| How in high heavens can an elementary school teacher here pay rent on an apartment in Bangbae dong??? I know a girl here teaching at an American elementary school in Seoul, and she has an apartment in Bangbae-dong. The cheapest ones I saw on the website where she found her place were like 3,000,000 a month. I know elementary school teachers do NOT normally even get paid that much in a month. Do some elementary schools here actually let their teachers choose an apartment like this? She also looked at a place in Cheongdam before she chose the one in Bangbae...I don't get it. |
Maybe the teacher has rich parents? |
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iammac2002
Joined: 12 Jun 2009
Location: 'n Beter plek.
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| Posted: Sun Aug 16, 2009 6:53 am Post subject: |
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| Maybe she didn't read her contract. |
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shinramyun
Joined: 31 Jul 2009
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| Posted: Sun Aug 16, 2009 11:25 am Post subject: Re: Explain this to me... |
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| princess wrote: |
| How in high heavens can an elementary school teacher here pay rent on an apartment in Bangbae dong??? I know a girl here teaching at an American elementary school in Seoul, and she has an apartment in Bangbae-dong. The cheapest ones I saw on the website where she found her place were like 3,000,000 a month. I know elementary school teachers do NOT normally even get paid that much in a month. Do some elementary schools here actually let their teachers choose an apartment like this? She also looked at a place in Cheongdam before she chose the one in Bangbae...I don't get it. |
Why, you got a crappy apartment instead? |
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giraffe
Joined: 07 Apr 2009
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| Posted: Sun Aug 16, 2009 12:00 pm Post subject: |
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She korean?
maybe school pays part of it?
Rich parents ?
Husband pays it if shes married?
or maybe she just lucked out haha. You should jsut ask her how much her apt is and how does she afford it and then report back here. |
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iammac2002
Joined: 12 Jun 2009
Location: 'n Beter plek.
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| Posted: Sun Aug 16, 2009 4:23 pm Post subject: |
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| Maybe she has a sugar daddy or is staying with someone else. |
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Juregen
Joined: 30 May 2006
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| Posted: Sun Aug 16, 2009 4:50 pm Post subject: Re: Explain this to me... |
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| princess wrote: |
| How in high heavens can an elementary school teacher here pay rent on an apartment in Bangbae dong??? I know a girl here teaching at an American elementary school in Seoul, and she has an apartment in Bangbae-dong. The cheapest ones I saw on the website where she found her place were like 3,000,000 a month. I know elementary school teachers do NOT normally even get paid that much in a month. Do some elementary schools here actually let their teachers choose an apartment like this? She also looked at a place in Cheongdam before she chose the one in Bangbae...I don't get it. |
Jonsei, look into it. |
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princess
Joined: 16 Jan 2003
Location: soul of Asia
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| Posted: Sun Aug 16, 2009 8:28 pm Post subject: Re: Explain this to me... |
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| thoreau wrote: |
| princess wrote: |
| How in high heavens can an elementary school teacher here pay rent on an apartment in Bangbae dong??? I know a girl here teaching at an American elementary school in Seoul, and she has an apartment in Bangbae-dong. The cheapest ones I saw on the website where she found her place were like 3,000,000 a month. I know elementary school teachers do NOT normally even get paid that much in a month. Do some elementary schools here actually let their teachers choose an apartment like this? She also looked at a place in Cheongdam before she chose the one in Bangbae...I don't get it. |
Maybe the teacher has rich parents? |
hahaha...Dount it. If I had rich parents I sure wouldn't be teaching in Korea. |
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eamo
Joined: 08 Mar 2003
Location: Shepherd's Bush, 1964.
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| Posted: Sun Aug 16, 2009 8:32 pm Post subject: Re: Explain this to me... |
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| princess wrote: |
| thoreau wrote: |
| princess wrote: |
| How in high heavens can an elementary school teacher here pay rent on an apartment in Bangbae dong??? I know a girl here teaching at an American elementary school in Seoul, and she has an apartment in Bangbae-dong. The cheapest ones I saw on the website where she found her place were like 3,000,000 a month. I know elementary school teachers do NOT normally even get paid that much in a month. Do some elementary schools here actually let their teachers choose an apartment like this? She also looked at a place in Cheongdam before she chose the one in Bangbae...I don't get it. |
Maybe the teacher has rich parents? |
hahaha...Dount it. If I had rich parents I sure wouldn't be teaching in Korea. |
Never heard of Jeonsae? |
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princess
Joined: 16 Jan 2003
Location: soul of Asia
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| Posted: Sun Aug 16, 2009 9:21 pm Post subject: Re: Explain this to me... |
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| eamo wrote: |
| princess wrote: |
| thoreau wrote: |
| princess wrote: |
| How in high heavens can an elementary school teacher here pay rent on an apartment in Bangbae dong??? I know a girl here teaching at an American elementary school in Seoul, and she has an apartment in Bangbae-dong. The cheapest ones I saw on the website where she found her place were like 3,000,000 a month. I know elementary school teachers do NOT normally even get paid that much in a month. Do some elementary schools here actually let their teachers choose an apartment like this? She also looked at a place in Cheongdam before she chose the one in Bangbae...I don't get it. |
Maybe the teacher has rich parents? |
hahaha...Dount it. If I had rich parents I sure wouldn't be teaching in Korea. |
Never heard of Jeonsae? |
Yes, I've heard of it, but those apt listings were still expensive. I know someone who put down 5 million as cheonsae for a box. |
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benji
Joined: 21 Jul 2009
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| Posted: Sun Aug 16, 2009 9:30 pm Post subject: Re: Explain this to me... |
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| princess wrote: |
| eamo wrote: |
| princess wrote: |
| thoreau wrote: |
| princess wrote: |
| How in high heavens can an elementary school teacher here pay rent on an apartment in Bangbae dong??? I know a girl here teaching at an American elementary school in Seoul, and she has an apartment in Bangbae-dong. The cheapest ones I saw on the website where she found her place were like 3,000,000 a month. I know elementary school teachers do NOT normally even get paid that much in a month. Do some elementary schools here actually let their teachers choose an apartment like this? She also looked at a place in Cheongdam before she chose the one in Bangbae...I don't get it. |
Maybe the teacher has rich parents? |
hahaha...Dount it. If I had rich parents I sure wouldn't be teaching in Korea. |
Never heard of Jeonsae? |
Yes, I've heard of it, but those apt listings were still expensive. I know someone who put down 5 million as cheonsae for a box. |
No such thing as 5 million chonse. Unless you are literally talking about a cardboard box, even then I wouldnt be too sure. |
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eamo
Joined: 08 Mar 2003
Location: Shepherd's Bush, 1964.
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| Posted: Sun Aug 16, 2009 9:36 pm Post subject: |
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A one room apartment in Seoul might have a Jeonsae of around 75 million. If your employer, family or bank loan will cover that, then you live rent free.
Banks in Korea give Jeonsae loans all the time to people with steady jobs. It's the done thing here. |
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redaxe
Joined: 01 Dec 2008
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| Posted: Sun Aug 16, 2009 9:44 pm Post subject: |
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| eamo wrote: |
A one room apartment in Seoul might have a Jeonsae of around 75 million. If your employer, family or bank loan will cover that, then you live rent free.
Banks in Korea give Jeonsae loans all the time to people with steady jobs. It's the done thing here. |
Yeah, but instead of rent, you have interest on a bank loan... and an apartment in bangbae-dong is more likely to have a 9-figure jeonsae... what would the interest be like on a 200,000,000 won loan?!?  |
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eamo
Joined: 08 Mar 2003
Location: Shepherd's Bush, 1964.
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| Posted: Sun Aug 16, 2009 9:57 pm Post subject: |
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| redaxe wrote: |
| eamo wrote: |
A one room apartment in Seoul might have a Jeonsae of around 75 million. If your employer, family or bank loan will cover that, then you live rent free.
Banks in Korea give Jeonsae loans all the time to people with steady jobs. It's the done thing here. |
Yeah, but instead of rent, you have interest on a bank loan... and an apartment in bangbae-dong is more likely to have a 9-figure jeonsae... what would the interest be like on a 200,000,000 won loan?!? |
Sure. That's the downside. However, the bank loan interest payments are way lower than what the rent would be. The system wouldn't work if the interest payments were as much as rent would be. |
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