Re:Japan’s lost generation is still jobless and living with ...
by nipponese on Friday October 02, 2020 @07:50AM
(#24661640)
Like others having lived there for a short period of time, I agree with this observation. The cultural premium on risk, that may merely inconvenience someone, is unreasonably high (by my standard, anyway). Ever have to pay a bribe to a landlord to rent an apartment as a matter of accepted business protocol? Look up "reikin". Then you'll realize why some think it's totally reasonable to live out of an internet cafe.
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Re:Japan’s lost generation is still jobless and living with ...
by gfxgirl on Friday October 02, 2020 @09:00AM
(#24662126)
It's not a bribe. That's your negative spin. The positive spin is it's just 2/26th pre-payment of the rent for 2 years. You then pay 1/26th every month for 2 years, repeat when you renew your contract. Do I like having to pay 2/26th up front (2 months rent?) no. But I also would prefer not to have to put down payments on cars/houses.
Re:Japan’s lost generation is still jobless and living with ...
by brazzy on Friday October 02, 2020 @11:08AM
(#24663407)
If it truly were a pre-payment, it would be partially refunded when the rental contract terminates early.
Re:Japan’s lost generation is still jobless and living with ...
by gfxgirl on Friday October 02, 2020 @03:11PM
(#24666008)
No, it wouldn't. It would just be your non-refundable downpayment. Plenty of other things have non-refundable up front payments in the USA and other countries.
Re:Japan’s lost generation is still jobless and living with ...
by brazzy on Saturday October 03, 2020 @06:11AM
(#24670946)
Then don't try to spin it as "pre-payment". It is not.
Re:Japan’s lost generation is still jobless and living with ...
by tasogare on Friday October 02, 2020 @03:05PM
(#24665954)
You are wrong. Those fees are added to the normal rent, they are not part of it. I choose my current appartment in part because there was no additional "gift money" to pay. Each time one moves place those have to be paid, which makes moving quite costly.
Re:Japan’s lost generation is still jobless and living with ...
by gfxgirl on Friday October 02, 2020 @03:14PM
(#24666036)
I'm not wrong. Different apartments give different offers just like everything else in the world.
Re:Japan’s lost generation is still jobless and living with ...
by neilparikh on Friday October 02, 2020 @04:07PM
(#24666545)
I think gfxgirl's point is that you can mentally model the gift money as added on the rent, and use that number when comparing apartments.
Ex. 50/mo + 240 gift money (for a 2 year lease) == 60/mo without gift money.
Re:Japan’s lost generation is still jobless and living with ...
by michaelt on Friday October 02, 2020 @03:13PM
(#24666032)
Loads of countries have something functionally equivalent to reikin - just they call it a "background check fee" or "credit check fee" or "administration charge" or "inventory fee"
Re:Japan’s lost generation is still jobless and living with ...
by freetime2 on Friday October 02, 2020 @04:22PM
(#24666655)
Calling it a bribe is seriously misleading. A bribe implies illegal or dishonest behavior. But reikin is perfectly legal, and is typically fully disclosed up front in the rental listing.
It’s basically just a one-time fee that is paid up front - something which is not at all uncommon in the world of commerce.