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Housing or Housing Allowance?
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braindrops



Joined: 13 Sep 2011

PostPosted: Thu Jan 26, 2012 8:30 pm    Post subject: Reply with quote

avalon only gives out 100K a month? that seems so low! that's not an allowance...that's a phlegmwad!
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iggyb



Joined: 29 Oct 2003

PostPosted: Thu Jan 26, 2012 8:49 pm    Post subject: Reply with quote

Key money is the issue.

How many ESLers have 10, 20 or 30 million to put down for key money?

I've met some illegal ESLers who had their own place. I've known some other long-term expats who have done the same. Both types saved up key money after starting out in regular jobs with provided housing.

Monthly rent vs housing allowance is nothing compared to key money unless you want to get greedy in terms of style and location of the place you want to live.
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northway



Joined: 05 Jul 2010

PostPosted: Thu Jan 26, 2012 9:00 pm    Post subject: Reply with quote

braindrops wrote:
avalon only gives out 100K a month? that seems so low! that's not an allowance...that's a phlegmwad!


I don't think so. Per my buddy's Avalon contract that he sent me to look over prior to his signing it:

Quote:
The employee is eligible to receive 300,000 KRW a month as a housing allowance if the employee does not request housing provided by the
employer. The employee must submit a written Housing Allowance Request
to receive this housing allowance at the signing of this contrac


Low, but not that low.
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Skippy



Joined: 18 Jan 2003
Location: Daejeon

PostPosted: Fri Jan 27, 2012 12:21 am    Post subject: Reply with quote

You have to understand how many hagwons and places operate. If they provide housing it will generally mean the have already picked a place, put down deposit/key, and furnished. Some schools can have the same place for years. The teachers just circulate. Schools rarely do new teacher/new place. You will not be given a tour and a pick of many place to live. Well they might give you a choice of one or two places.

As explained before that some schools like in EPIK and GEPIK already have places, sometimes there is shady going ons. Collusion happens. The apartment they provide could be the deaprtment/principals brother-i- laws place. It could be nice or horrible. I knew one girl who worked in Daejeon in public school and she had to take a bus back and fourth. Plus something about dodgy plumbing I think a sink in the middle of the room. I suspected the place was the principals friends place.

Other schools offer the housing allowance well because some teachers are already settled in one place ie married and living with spouse, staying with GF/BF in their hagwons supplied housing, second job and already have housing, homestay, roommates, etc.

Also the housing allowance at times can be a savings for a school. They can save upwards of a couple hundred thousand won. Expect 300,000 to maybe 500,000 housing allowance. With a 50/50 chance of housing deposit.

Some offer the housing deposit because well the school could be **((& to deal with finding, furnishing, dealing with apartments an housing. If they could just concentrate on teaching, they would.

Unless you are Gods gift to ESL teachers do not expect to get a million won per month. Go ahead and ask for it, but expect a NEXT applicant from the school.
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technique



Joined: 23 Jan 2009
Location: Jamsil, Seoul

PostPosted: Fri Jan 27, 2012 7:05 am    Post subject: Reply with quote

Skippy wrote:
You have to understand how many hagwons and places operate...do not expect to get a million won per month. Go ahead and ask for it, but expect a NEXT applicant from the school.


I completely agree with this. Hagwons are businesses. Don't be naive and think they will give you whatever you want. They know the system, and they know there are quite a few foreigners willing to jump to the eastern side of the world to see something new.

I also agree with the other comments to take the housing. (It is clear you are coming from abroad). After three years, I am finding my own place this year, but it is due a great deal of acquired knowledge of the rental system, my area (Seoul), the language, and, most importantly, the hagwon/public school system.

Heed the warnings. Ask for a picture of the apartment, but take the housing unless you're independently wealthy. It is much easier to find what you want once you are here, know you want to stay, and know the areas you like.
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wanderkind



Joined: 01 Jan 2012
Location: Japan

PostPosted: Tue Feb 14, 2012 8:19 am    Post subject: Reply with quote

iggyb wrote:
When I was looking 2-3 years ago, it wasn't uncommon to see ads for hakwons with no option for provided housing --- ones where they would give you a monthly housing allowance but you were on your own in terms of finding a place (and paying key money).


Hey, so I've just been offered a position in Busan. For housing, I have to find the place myself, but they're offering 10million in key money, and 200,000/m in housing allowance, both directly to the landlord. They made it sound like I might be able to find a place with monthly below 200k, but also pointed out if it was over I'd have to pay the difference.

There's no option to take an apartment they have prepared / provide.

With 10M key, how much monthly should I be expecting in Busan these days?
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tachileik



Joined: 03 Jan 2012

PostPosted: Tue Feb 14, 2012 8:57 am    Post subject: Reply with quote

I got 20 mill key money with the uni I work for, but I still have to pay 460 rent.. Would have far preferred to just get housing. As it is, after housing, I basically make what a second or third year teacher in a hagwon makes. Go for the provided housing, man. You get used to where you live, and a few hundred bucks a month adds up to a few thousand dollars a year.
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Malislamusrex



Joined: 01 Feb 2010

PostPosted: Tue Feb 14, 2012 3:42 pm    Post subject: Reply with quote

Ouch.

You can get a place for 400k pretty easily, obviously further away from the subway station the better. But for 200k you can maybe find a sublet.

wanderkind wrote:


Hey, so I've just been offered a position in Busan. For housing, I have to find the place myself, but they're offering 10million in key money, and 200,000/m in housing allowance, both directly to the landlord. They made it sound like I might be able to find a place with monthly below 200k, but also pointed out if it was over I'd have to pay the difference.

There's no option to take an apartment they have prepared / provide.

With 10M key, how much monthly should I be expecting in Busan these days?
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