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EPIK Teachers Required To Pay Apartment Key Money Now?
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Stan Rogers



Joined: 20 Aug 2010

PostPosted: Mon Feb 21, 2011 1:29 pm    Post subject: Reply with quote

Maybe the schools are changing the housing conditions because of the soaring rental prices in Seoul. I'm only specualting but perhaps their budgets can't handle the increased costs and thus they are changing the terms of new contracts.
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sadguy



Joined: 13 Feb 2011

PostPosted: Mon Feb 21, 2011 1:39 pm    Post subject: Reply with quote

i moved last summer. i had to pay my own key money. they wanted 10 mil won, but somehow i miraculously bargained down to 2 million. the landlord had previous foreign teachers and he liked them as tenants because everything was paid on time so he trusted me. the school said they didn't have the budget to afford key money, that they could only give me 700,000 won a month for housing.
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matthews_world



Joined: 15 Feb 2003

PostPosted: Mon Feb 21, 2011 3:27 pm    Post subject: Reply with quote

Sounds like your a victim of the latest key money crisis.

Landlords are raising key money requirements. Schools don't have the budget for such increases.

This is squeezing out a lot of Koreans around the country.
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Weigookin74



Joined: 26 Oct 2009

PostPosted: Mon Feb 21, 2011 6:37 pm    Post subject: Reply with quote

Ice Tea wrote:
Have you ever noticed that schools never offer a housing subsidy which is the same as what they actually pay for the place. They always offer 200,000-400,000, but really they pay 500,000-600,000 a/month for these places plus the damn deposit. We know this and they know this, which why hardly anyone ever takes the subsidy. It just boggles my mind why they wouldn't want people to get their own housing. It's one less thing they have to deal with, they can bank that deposit money and invest it elsewhere. But no, they give all that up so they can try and squeeze a 100,000 a month out of some sucker teacher. It's just plain stupid on their part. Just offer people a subsidy equal to what schools actually pay and I swear 75% of teachers would have their own places. Just retarded.


Don't know where you're teaching, but most POE's won't pay key money and try to scrape by with less than the 400,000 a month. It's why an increasing number of teachers end up in crappy accomodation. Maybe you're an excaption, live in a ritzy area, and have a very kind education office.
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Epik_Teacher



Joined: 28 Apr 2010

PostPosted: Mon Feb 21, 2011 7:16 pm    Post subject: Reply with quote

I left of legit business, I did the CELTA class in Spain. I came back getting ready for a job in the ME. It fell thru at the last minute, left me in a lurch and then the school asked me to re-sign for another year. I hadn't signed a contract and was getting ready to leave. No problem with the schools I work at, just the usual BS you have to put up with in Korea, especially the idiot drivers.

I've saved a fair amount of money but most of it is tied up in gold and silver coins and the market. I didn't have a lot of cash handy and did not want to go long halfway around the world with no job. But, I did, not suspecting the apartment shit storm that I would go thru.

The upshot is, after looking at insanely priced apartments (one place was W600k/month for 6 pyong) and this is in the boonies. I have to move to another apartment in the same complex, I have to pay the realtor fee, pay half the moving costs and W150k out of my pocket a month because of the increase in rent. They will pay W400k, no more. It's kind of insane because I live a 33 pyong apartment with 2 baths and 2 balconies. They actually charge less than most of the 6-12 pyong apartments I looked at.
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NYC_Gal 2.0



Joined: 10 Dec 2010

PostPosted: Mon Feb 21, 2011 9:21 pm    Post subject: Reply with quote

That's way too much for an apartment in the boonies. I live in a nice 14 pyeong officetel in Incheon (a mere 40 minutes by train from Seoul) and the deposit was 5 million won, and the rent is 375k per month. My school funded it, but I saw the contract when I changed to a different unit in the building, and it's not outrageous at all.
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southernman



Joined: 15 Jan 2010
Location: On the mainland again

PostPosted: Mon Feb 21, 2011 11:04 pm    Post subject: Reply with quote

Are you living on Geoje? thats the only EPIK location I can think of that would want 10 Million for key money.

Maybe you've told to many people about your gold etc and now someones just out to get their cut. Perhaps someone from your school is related to the realtor.
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winterfall



Joined: 21 May 2009

PostPosted: Mon Feb 21, 2011 11:08 pm    Post subject: Reply with quote

jrwhite82 wrote:
Article 12 (Housing) ① The Employer shall provide the Employee with a single housing chosen by the Employer. Housing selected by the Employer may be a leased house, a studio-type room, an apartment, or other form of lodging deemed sufficient by the Employer. Any and all fees, charges,
costs, taxes, expenses, etc. incurred in using the housing shall be borne by the Employee. Such fees may include but are not limited to hydro, gas and water utilities as well as internet and phone service as well as a maintenance fee from the landlord.
② The Employer may choose to provide temporary housing for the Employee until appropriate permanent housing can be obtained for the Employee.
③ If the Employee wants housing allowance in lieu of the single housing set forth in the foregoing ①, the Employer shall provide the Employee with 400,000 Korean Won (KRW) per month as a rent subsidy. In this
case, the Employee shall notify the Employer of his/her decision to choose housing allowance before the commencement of this Contract.
④ The decision to choose the Provided Housing or the Housing Allowance shall be made prior to the beginning of the Term of Employment contained herein and, once decided, shall not be subsequently changed during the Term of Employment. Any and all costs incurred by the Employee as a result of changing Housing during the Term of Employment shall be borne by the
Employee.

For EPIK you are required to choose when you sign the contract. Then you can't change your mind. It is YOUR choice. Not the schools. They HAVE to give you housing if you choose it. I don't see how they're getting around this. You are responsible for moving costs. Its pretty black and white.


Exactly

Guys stop trying to blame the OP for damaging relations with the school. That's besides the point. This is a pretty clear cut issue, the school is doing something they're not supposed to do. Orb your right in practice, but if the OP goes to the POE they're not going to side with the school. Hes already a few months in the contract after all

Besides public schools have to apply for an NSET. They're not automatically given one by the POE. Whether they get one is usually set by some arbitrary guideline. My point is, they have to accommodate the OP or they're be passed up.
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jrwhite82



Joined: 22 May 2010

PostPosted: Mon Feb 21, 2011 11:16 pm    Post subject: Reply with quote

Yeah I generally find ET to be a nasty person and part of me is thinking he brought this on himself, but a contract is a contract. He's kind of getting screwed here.
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