I hate you Hangul Word Processor. Why would you split a word down the middle at the end of a line?Nobody writes like this!!Why?!? I'd be hard pressed to find another text input field with the same flaw. Hell, this frickin minimal Quick Reply field on this half-ass coded website does it properly. Why can't you!?!??!
Quote from: Lurch on July 11, 2017, 01:29:19 pmI hate you Hangul Word Processor. Why would you split a word down the middle at the end of a line?Nobody writes like this!!Why?!? I'd be hard pressed to find another text input field with the same flaw. Hell, this frickin minimal Quick Reply field on this half-ass coded website does it properly. Why can't you!?!??!My students do this and itsso annoying .
We've been doing Jeonse in our current place for 3 years now (contract ending next March) and heard today that the Landlady who bought it 1 year ago wants to sell up.We moved in paying 240 million. The Landlady after we were there for 2 years sold it on and we stayed on as tenants to the new Landlady but our Jeonse increased to 290 million. Now, she wants to sell it for 330 million. Absolutely maddening prices!Totally gutted that we didn't buy the place rather than taking out Jeonse as 240 million seems like a steal now. Would have made almost 100 million profit.
Quote from: Savant on July 11, 2017, 09:09:47 pmWe've been doing Jeonse in our current place for 3 years now (contract ending next March) and heard today that the Landlady who bought it 1 year ago wants to sell up.We moved in paying 240 million. The Landlady after we were there for 2 years sold it on and we stayed on as tenants to the new Landlady but our Jeonse increased to 290 million. Now, she wants to sell it for 330 million. Absolutely maddening prices!Totally gutted that we didn't buy the place rather than taking out Jeonse as 240 million seems like a steal now. Would have made almost 100 million profit.You paid 240 million for jeonse but you had the option to buy for the same amount. I don't quite understand, but that is an insane amount. Curious if this is in Seoul, some other metropolis, or a smaller area?
With 240,000,000 KRW, with that kind of capital you would be able to easily buy a 500,000,000+ home, so I don't follow why you would simply park that money.What was the upside/downside?If you wanted to remain in your current place, why not take out a 90,000,000 note, which would only be 37% of value.Surely, you could easily find a bank that would do that, no?
Quote from: donovan on July 11, 2017, 10:20:58 pmQuote from: Savant on July 11, 2017, 09:09:47 pmWe've been doing Jeonse in our current place for 3 years now (contract ending next March) and heard today that the Landlady who bought it 1 year ago wants to sell up.We moved in paying 240 million. The Landlady after we were there for 2 years sold it on and we stayed on as tenants to the new Landlady but our Jeonse increased to 290 million. Now, she wants to sell it for 330 million. Absolutely maddening prices!Totally gutted that we didn't buy the place rather than taking out Jeonse as 240 million seems like a steal now. Would have made almost 100 million profit.You paid 240 million for jeonse but you had the option to buy for the same amount. I don't quite understand, but that is an insane amount. Curious if this is in Seoul, some other metropolis, or a smaller area?my god .... you paid 240 mil for jeonse? putting that money in index funds - which usually average 7-8% per year - would have netted you a return on investment of around 17 to 19 million Won. per year.
Quote from: kobayashi on July 12, 2017, 08:20:48 amQuote from: donovan on July 11, 2017, 10:20:58 pmQuote from: Savant on July 11, 2017, 09:09:47 pmWe've been doing Jeonse in our current place for 3 years now (contract ending next March) and heard today that the Landlady who bought it 1 year ago wants to sell up.We moved in paying 240 million. The Landlady after we were there for 2 years sold it on and we stayed on as tenants to the new Landlady but our Jeonse increased to 290 million. Now, she wants to sell it for 330 million. Absolutely maddening prices!Totally gutted that we didn't buy the place rather than taking out Jeonse as 240 million seems like a steal now. Would have made almost 100 million profit.You paid 240 million for jeonse but you had the option to buy for the same amount. I don't quite understand, but that is an insane amount. Curious if this is in Seoul, some other metropolis, or a smaller area?my god .... you paid 240 mil for jeonse? putting that money in index funds - which usually average 7-8% per year - would have netted you a return on investment of around 17 to 19 million Won. per year.Am I wrong in thinking that jeonse is usually paid using a bank loan? Me and my husband have a jeonse apartment for 190 million in Busan. We paid a 40 mill deposit and the rest is a loan that we pay interest on (a few hundred k per month). We will repay the loan when we leave the apartment and get the jeonse back. In my experience it's an awesome win-win way for everyone - I get a sweet apartment for 350k "rent" every month, the landlord invests the jeonse to get interest, and the bank gets to reap interest on a relatively low-risk loan. Wish they had this system back in the states.
Quote from: twinsaurus on July 12, 2017, 08:48:22 amQuote from: kobayashi on July 12, 2017, 08:20:48 amQuote from: donovan on July 11, 2017, 10:20:58 pmQuote from: Savant on July 11, 2017, 09:09:47 pmWe've been doing Jeonse in our current place for 3 years now (contract ending next March) and heard today that the Landlady who bought it 1 year ago wants to sell up.We moved in paying 240 million. The Landlady after we were there for 2 years sold it on and we stayed on as tenants to the new Landlady but our Jeonse increased to 290 million. Now, she wants to sell it for 330 million. Absolutely maddening prices!Totally gutted that we didn't buy the place rather than taking out Jeonse as 240 million seems like a steal now. Would have made almost 100 million profit.You paid 240 million for jeonse but you had the option to buy for the same amount. I don't quite understand, but that is an insane amount. Curious if this is in Seoul, some other metropolis, or a smaller area?my god .... you paid 240 mil for jeonse? putting that money in index funds - which usually average 7-8% per year - would have netted you a return on investment of around 17 to 19 million Won. per year.Am I wrong in thinking that jeonse is usually paid using a bank loan? Me and my husband have a jeonse apartment for 190 million in Busan. We paid a 40 mill deposit and the rest is a loan that we pay interest on (a few hundred k per month). We will repay the loan when we leave the apartment and get the jeonse back. In my experience it's an awesome win-win way for everyone - I get a sweet apartment for 350k "rent" every month, the landlord invests the jeonse to get interest, and the bank gets to reap interest on a relatively low-risk loan. Wish they had this system back in the states.When we had a 40 000 000 won 'weolse' a couple of years ago to get a 34 pyeong, the bank did an 'interest only' loan for 32 000 000 won and we stumped up the 8 000 000 won. That was only for a year, and then we got another place the same size, for the same 'interest only' for another year. Then in the new city next to ours, a brand new apartment of the same size and 'weolse' was going for just 10 000 000 won. We snapped that up. But this time we paid with only our money. I think the 'interest only' we paid was 70 000 won a month. But now we have no monthly to pay, which feels nicer.My wife kind of complained recently because her friends bought their houses, we don't live in Seoul, we're in Chungnam. I mean we're talking Central Seoul and 600 000 000+ won in Ahyeon and Dongdaemun and they have jobs for Samsung and as Dongdaemun night market retailers so are raking it in. They have really nice apartments but that kind of outlay for 20-24 pyeong or so, doesn't seem worth it.
When we had the 40 000 000 won deposit apartment we paid 500 000 won every month. Expensive, but at that time there was no other options. Now in our 10 000 000 won deposit apartment we only pay 400 000 won, because it is a new city and there are loads of apartments. The one we live in now was selling for about 1.4 billion originally. When the Seoul friends come to stay they love it because we are 15th floor and have a view of the mountains from the living room. No chance of a view like that in Seoul, unless you pay serious money.