Ok, I detectived this out: jeonse is when you pay a lump-sum deposit usually at average of 50% or 80% of the value of a property, and you don't pay anything else for the period of the agreement, usually 2 years. The owner makes profit out of the sum you've paid, and gives you back the deposit / lease once the agreement is done.
The problem with jeonse is that landlord can leverage a renter deposit money by buying another property. Usually by 2 years you have to return the deposit money. Problem is that bc property is hard to liquidate, landlord will have be in big trouble to repay multiple deposits. If landlord declares bankruptcy then almost all of the depositors will lose their money and will be on the hook. Jeonse is a flawed system and prob next to happen after evergrande situation.
@@Jaemastercho but what happened to the landlord after filing for bankruptcy? Can he keep the houses or will he loose it? And loose to whom? Can the renter just keep the apartment?
전새 (Jeonse) is paying basically a major percentage of the full price of the home for the deposit which you then “theoretically” get returned to you. Korean citizens take out loans for this and pay the interest instead of monthly rent. **you can’t get these loans as a foreigner**
Landlords receive 2years of rent upfront, which allows them to invest in other businesses or repeat the process and buy another home. (as others In the comments have alluded the system has flaws) @@mindset_olympics2
Jeonse is not purchasing the house. Its a unique renting system of paying a large deposit to have no monthly rent. And there are jeonse loans that you can do as well. It works out if you have the savings so you can save more instead of paying rent.
It is up to her whether she buys a house. Jeonse deposit can be borrowed from a bank. So she pays an interest to bank instead of paying a monthly rent. The problem of Jeonse is that when the house price plummeted, the landlord might disappear with deposit. Jeonse is kinda another type of derivative.
She’s gorgeous and he’s handsome,both very eloquent and elegant and fashionable with etiquette. Its beautiful to see such humans interacting together,i feel like they would be great friends.
@@maisanascimento5441 I see beauty, just not in fashion or appearance. I see beauty when people help eachother, when people make art, when people talk eloquently and honestly, when parents take care of their children and the children behave well, I just couldn't care less what they look like while doing so. They're still beautiful, I guess I generally care more about actions and thoughts instead of looks, except when I'm looking for a partner, then the looks seem to matter too, I guess it's the primitive sexual energy I need in order to be attracted to someone.
@@CheriTheBery no youre not weird, some ppl think abt their thoughts on some ppl more than the other ppl. If youre looking for a partner obviously ,everyone will think deep abt it ,but some ppl seeand notice others get up, way of talking and expressions to judge them and make their conclusions.
It's possible he just showed her his instagram, youtube, and Tiktok following. Or she follows him on social media 🤷. Either way, this was a great video
@@CaliSaint My guy, if you believe these people don’t really know each other, I really don’t know what to tell you. She might be his ex coworker. She might be his plug. The idea that they don’t know each other is highly, highly unlikely. And I do stand by my previous comment.
It's called Jonse ..you can look it up in yt or Google.. you pay a certain big amount as deposit then usually few hundred dollars monthly.. then you can get your deposit back in the future ..something like this lol
She said jonse, it means you make a lump sum deposit up front when you make a lease contract, and when you terminate the contract by mutual agreement, you get the deposit back. You don't make any monthly rent above the initial lump sum deposit. It works pretty well if the landlord has secure financial stability and when the tenant has money for the deposit.
Whaaat? I supposed it was 340.000 dollars for buying the apartment, couldn't believe it is 340 usd, not for rent or whatever, no way it couldn't be so cheap 😳!
She's DEFINITELY the daughter of rich parents!!! In South Korea you really struggle to make enough money in your 20s to 30s and by her looks (tattoos and goofy looking) you can tell she doesn't need to struggle a day in corporate life
She could be a tattoo artist. Tattoo artistry is an illegal practice in Korea, so the ones in Korea are great scammers and get away with ripping customers off by taking 200-300 per small tattoo. Bigger ones cost a fortune to get from em.
the place where the washing/dryer machine are, under the staircase;; i’d probably lay down there, watch the laundry while on my phone-then hit my head on the staircase
The innocence you guys have to allow strangers interact like this talk more of letting him in your house... It's astonishing, kinda wish Nigerian's were this pure of heart.
I love everything about this video. They look like two weirdos hyper fashionistas doing their thing. They make you feel as though being their friends would be a nice upgrade and a tour in adventureland. Nice video Nice peeps Nice clothing Nice appartment
So basically jonse is flipping it where you’re the bank. You give a loan and in return they let you stay in their house and will eventually pay you back. The staying in the house part replaces paying interest. Idk if that’s better or worse than how it is elsewhere. But paying that much upfront is nuts
not him laying in her bed so comfy🤣
Far too comfortable 😂
First thing I said “ why u in that lady bed “ 😂Lol I 😂😂😂😂
🤣🤣🤣
With the outside clothes on too!!!
I think he got it from the guy who does this in New York (his videos were in my reel sometimes), this “apartment inspection” videos
It's like we're watching two people battle to be the most chill.
Lmao, underrated comment 😆
🤣
Falling asleep to the sounds 😂
Yeah low key cringe. The type of vibe you only feel from comfortable privileged people lol
@@Masssshysteria it's giving broke 👱🏻♂ with no prospects.
Ok, I detectived this out: jeonse is when you pay a lump-sum deposit usually at average of 50% or 80% of the value of a property, and you don't pay anything else for the period of the agreement, usually 2 years. The owner makes profit out of the sum you've paid, and gives you back the deposit / lease once the agreement is done.
The problem with jeonse is that landlord can leverage a renter deposit money by buying another property. Usually by 2 years you have to return the deposit money. Problem is that bc property is hard to liquidate, landlord will have be in big trouble to repay multiple deposits. If landlord declares bankruptcy then almost all of the depositors will lose their money and will be on the hook. Jeonse is a flawed system and prob next to happen after evergrande situation.
@@Jaemastercho but what happened to the landlord after filing for bankruptcy? Can he keep the houses or will he loose it? And loose to whom? Can the renter just keep the apartment?
@@Jaemastercho Also, it's just absolutely crazy amount of money just to, well, rent for two years.
So renter gets full deposit at the end of the lease 🤔
@@Jaemasterchodoes bankruptcy work the same way in Korea as it does in America though? Because if not, you might be wrong.
I love her voice😊
creep vibes...it is what it is
IKR sooooo soothing.
her voice is so beautiful, i can listen to it all day
I want to hear her rap and sing with that voice. That would probably sound dope as hell !
@@Shy8A right !!! she gives major artist vibes
they both have such lovely speaking voices.
Yess, they're both so polite and soft spoken, have very calming voices!
I agree. Tired of you tubers just screaming in the videos.
They're both cool
Not you laying on her bed with your OUTSIDE clothes on! I'd have a heart attack.
This! I don’t even lay in my own bed with my outside clothes! 🥴😂
I was thinking this. 😂
Should he have taken it off. 😂
@@jaycho6747 no just not lie down in a strangers bed at all.
@@nurtbmtv Right!!! 🤣🤣
전새 (Jeonse) is paying basically a major percentage of the full price of the home for the deposit which you then “theoretically” get returned to you. Korean citizens take out loans for this and pay the interest instead of monthly rent. **you can’t get these loans as a foreigner**
It should be 전세
@@gyunge3617 Thanks!! My Korean spelling sucks lol
@@jchele9229 No problem!
I still have a hard time understanding how does the landlord make money?
Landlords receive 2years of rent upfront, which allows them to invest in other businesses or repeat the process and buy another home. (as others In the comments have alluded the system has flaws) @@mindset_olympics2
Jeonse is not purchasing the house. Its a unique renting system of paying a large deposit to have no monthly rent. And there are jeonse loans that you can do as well. It works out if you have the savings so you can save more instead of paying rent.
That sounds like a lot of money though. Can’t she just buy a condo for that price in Korea ? Instead of renting ?
It is up to her whether she buys a house. Jeonse deposit can be borrowed from a bank. So she pays an interest to bank instead of paying a monthly rent. The problem of Jeonse is that when the house price plummeted, the landlord might disappear with deposit. Jeonse is kinda another type of derivative.
@yoshiramar1992 she can do that but the house will be much smaller and not good as much as that one.
@@yoshiramar1992oh no. That is not enough to get a condo, from what I heard, you'd need about $1M at least to get one
Please do more videos like, and shout out to that woman doing her thang!!!!
Her house is so beautiful ❤️
She’s gorgeous and he’s handsome,both very eloquent and elegant and fashionable with etiquette. Its beautiful to see such humans interacting together,i feel like they would be great friends.
Am I weird? I never have thoughts like this. People's appearance doesn't matter to me unless I'm looking for a partner.
@@CheriTheBery yeah, only seeing people's beauty as part of their sexuality IS weird!
@@maisanascimento5441 I see beauty, just not in fashion or appearance. I see beauty when people help eachother, when people make art, when people talk eloquently and honestly, when parents take care of their children and the children behave well, I just couldn't care less what they look like while doing so. They're still beautiful, I guess I generally care more about actions and thoughts instead of looks, except when I'm looking for a partner, then the looks seem to matter too, I guess it's the primitive sexual energy I need in order to be attracted to someone.
@@CheriTheBery no youre not weird, some ppl think abt their thoughts on some ppl more than the other ppl. If youre looking for a partner obviously ,everyone will think deep abt it ,but some ppl seeand notice others get up, way of talking and expressions to judge them and make their conclusions.
Mmh, but she should have maybe chosen something other than the headscarf to hide the bruising from her plastic surgery.
Gave me grandma vibes 😂
love seeing young people living my dream😭
Facts 😂
Her voice is so gentle and beautiful🥰
His voice is more gentle.
“He’s Jake from Finn and Jake adventure time” she’s so cool💛
It's cool that you do other types of videos. It allows us to see you in other sides
Your voice is so calming
Korean rent system is like buying a house and paying a mortgage😭
Wow, now i wanna know what she does for a living
I love her look
She works full time as a daughter.
@@sylvia470lol what 😂 ? I think she is a model or an artist
Insecure aren't you?@@sylvia470
@@sylvia470 Her bathroom is quite nice... Maybe she will let you use it to wash all that jealousy off of you 💀
@@NoReply28 I don't think they were jealous. I think it was a joke
Can we talk about how proud and excited she is when she said she made the curtains???❤
I like her Parisian bag lady aesthetic! 😂
Her voice… ❤
His energy and her 🤌🏻🤌🏻 I wanna be this calm spoken 😅
I loveeee her voice...
Jeonse means she probably paid about 170k-270k for the space. She doesnt have to pay rent, she gets the money back at the end of her lease.
Where is the furniture?
A lot of love from Rwanda ❤
❤❤❤❤❤🙏🏾
Her style is so cool 😎🤩✨
She so beautiful too wow
Did you just lie down on a random girl's bed? 💀
😂😂😂😂
Man is asking what a oven is , is the most Asian thing 😂
She is beautiful, and her voice is soothing 😌
Pretty nice place
But I wouldn't pay 340k!
CRAZY?
@@sukholmes1066 that's the jeonse deposit. That's not how much she pays
These houses abroad looks so stunning n trendy
Keep Jake safe!!!
Ima take ur jake plushie im sorry
Love this concept been watching the New York version Love that you've started this for Seoul so excited for you❤. Saw your live with Sean😊
That view looks amazing!
That escalated quickly 🤣
Her voice is so beautiful😻😻
She is very trusting
There's no way they didn't know each other beforehand.
It's possible he just showed her his instagram, youtube, and Tiktok following. Or she follows him on social media 🤷. Either way, this was a great video
🙄I watch the other guy's account and I've never seen this comment. Does this guy seem threatening to you?
I think her partner is there as well. What’s the huge risk? This kid is pretty famous in Korea I would imagine. This is low risk.
@@CaliSaint My guy, if you believe these people don’t really know each other, I really don’t know what to tell you. She might be his ex coworker. She might be his plug. The idea that they don’t know each other is highly, highly unlikely. And I do stand by my previous comment.
I want to know who she is and what she does for a living
That’s what I came to see lol
Worry about your own life and what you need to do to better it. Knowing her job does NOTHING for you.
@inflation1139 What's with the negativity? I'm literally just curious 🤷♀️ You must be from a place where talking about money is tabu.
I am SHOCKED she has an oven an a dishwasher. I missed it SO BAD when I lived in Korea
Its so empty
fr without life
Not enough money left after buying the house😂
No cus she litr said she moved in 3 days ago what do u expect?
The finishing still better than a villa with the same price in Bali.
I'm sorry but the apartment is the definition of go girl give us nothing....
They were feeling each other haha
Bought the house for $340000 or pays rent for $340000, if rent, is it on a yearly or monthly basis?? Cos my confusion is confused😂
It's called Jonse ..you can look it up in yt or Google.. you pay a certain big amount as deposit then usually few hundred dollars monthly.. then you can get your deposit back in the future ..something like this lol
Rent. Basically, how Jonse works is that you give the 80% of the value of the house as deposit and don’t pay rent.
She said jonse, it means you make a lump sum deposit up front when you make a lease contract, and when you terminate the contract by mutual agreement, you get the deposit back. You don't make any monthly rent above the initial lump sum deposit.
It works pretty well if the landlord has secure financial stability and when the tenant has money for the deposit.
Whaaat?
I supposed it was 340.000 dollars for buying the apartment, couldn't believe it is 340 usd, not for rent or whatever, no way it couldn't be so cheap 😳!
@@taylogs Oh.. so the owner just use it like a bank credit? so it's 340.000, that (~)makes sense.
Random person hopping in your bed .. with their outside clothes!
she got better homes then korean celebrities i’ve seen on i live alone
Her voice ❤
340k to break your back when doing laundry 😂
Yuh inna di people dem bed 🤦🏾♀️ 😂😂😂
I love her. She's so beautiful and chill. Her voice is amazing and calming
The average young korean cannot afford a place like this in Seoul; she’s an exception.
Very cool, plus she gets to step outside in that Vibrant City
Nice place. I just don’t like the dryer being under the stairs… so inconvenient.
Beautiful place
First of all, he is adorable. Second, she is so pretty and I like her style. And last, that's a nice home!
She's DEFINITELY the daughter of rich parents!!!
In South Korea you really struggle to make enough money in your 20s to 30s and by her looks (tattoos and goofy looking) you can tell she doesn't need to struggle a day in corporate life
She could be a tattoo artist. Tattoo artistry is an illegal practice in Korea, so the ones in Korea are great scammers and get away with ripping customers off by taking 200-300 per small tattoo. Bigger ones cost a fortune to get from em.
His voice is extremely soothing! 😍
the place where the washing/dryer machine are, under the staircase;; i’d probably lay down there, watch the laundry while on my phone-then hit my head on the staircase
She’s so pretty!
nahh the fact she allows him to lay all comfy in her bed???!! im too insecure for that. be it hygiene purposes or personal space
Her house is stunninngggggggg oh my gosh
He said he was “6ft”.
She closed the curtains.
He laid on the bed. 😂
Giggity.
The innocence you guys have to allow strangers interact like this talk more of letting him in your house... It's astonishing, kinda wish Nigerian's were this pure of heart.
Can you two beautiful people with beautiful voices be friends and make videos cause I can listen to you all day 😂
Stack the washer/dryer beside the stairs and gain a bit more storage.
Or skip one of the bathrooms and use for washer dryer.
GORGEOUS PLACE
She’s like a beautiful 😍 cool artist.
What a beautiful soul and personality. She must do a podcast or something on radio or television. She have the looks the voice and style.
She is BEAUTIFUL
I have two bathrooms also it’s so important for me to be able to poop in both at the same time
Keep your happy life! Do it!
That part lay imagining that view 😂😊
Her apartment is really nice. I'm with her, the view is nice.😊
That’s disgusting you laid on her bed with your clothes that have been outside. So disrespectful.
Both of them have such relaxing voices😂
The guy must come from the 18th century .
-So this is a oven , this is a microwave and this is a dishwasher .
-Whaouh !
Her house is really freaking nice.❤
Keep doing these 👍
My Aunt got a mansion for around that price in Vietnam. And it in a beautiful neighborhood with so much greenery.
she has a very beautiful spacious house and excuse me WHY ARE THEY BOTH SO COOL.
How nice of them to share their personal space.
I love everything about this video.
They look like two weirdos hyper fashionistas doing their thing.
They make you feel as though being their friends would be a nice upgrade and a tour in adventureland.
Nice video
Nice peeps
Nice clothing
Nice appartment
I love her voice and bed and I love you interview free people
This is beautiful
He’s so attractive and looks like he smells so nice 😮💨
She is very pretty with beautiful voice
Her voice is cute love her home ❤
Beautiful and comfortable place
So basically jonse is flipping it where you’re the bank. You give a loan and in return they let you stay in their house and will eventually pay you back. The staying in the house part replaces paying interest.
Idk if that’s better or worse than how it is elsewhere. But paying that much upfront is nuts
Houses in South Korea are probably the cheapest and prettiest out of all the developed countries
I love her apartment ❤!
She’s so beautiful
On the bed WITH the socks on is craaaazy
Beautiful place ❤
not knowing jake is criminal
Yeah I find it hilarious that Koreans know who Jake is, but an American journalist does not lmfao.
Am I one of the few people that preffer old style classic houses? Modern houses are so sterile nowadays.
Shes so pretty