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View Full Version : Wow, Korea is crazy



Nik00117
10-22-2010, 11:55 PM
Gentlemen in his mid 50s, successful in his carrer, married with 2 kids who have both finished college. I spot him today with a very attractive young Korean lady. (Maybe in her early 20s)

I see him later in the day, and I go "What's up with the new girl?'

He goes "O that's my enjoy girlfriend" basically he is banging her on the side, his wife most likely is aware of this as well. I went "O really?" he goes "yea"

I go "So how does that work"

Here's what he does (and apparently has been doing it for 10 yrs)

In Korea you got a system called key money. You put a large deposit down on a house and you live rent free, your basically paying 75-80% of the value the landlord invests it. When the lease is over you get your money back.

What he does is he takes his nice car (he has a really suped up unique one) down to the university and hangs out. Of course he has money and Korean girls can see this from a mile away.

He'll pick one up and date her for a few weeks if he likes her he'll offer her an apartment. They'll of course say yes, he'll play the "wanna move out of your parents house card"

They'll agree and he'll rent them 1 bedroom apartment in some decent highraise apartment or ville. Sounds expensive?? Actually it free. He gives the place $50,000 cash on a 1 yr lease normally. The girl lives there for 1 yr she moves out and he gets the money back.

During this time he is basically having sex with her whenever he pleases.

I asked him how he keeps it all hidden and he's like "Pulled out $50,000 10 yrs ago told my wife it was an investment in the states. I've been using the same $50,000 for the past 10 yrs she has no idea"

And i'm just like "wow, wtf"

I go "doesn't your wife know this" he goes "She has an idea I'm doing it, but it's a part of the culture and so common she just turns a blind eye"

Crazy, BTW the guy said he used to go to places where he paid for the services. Said he looked at the day cost and discovered this way was cheaper.

dynamo
10-23-2010, 09:24 AM
why is he even married?

anonymous1
10-23-2010, 09:30 AM
He needs a girl to take care of him and the house.

I don't get the rent arrangement. How does the landlord make money if he gives it all back?

MPB
10-23-2010, 09:41 AM
Well I'm a Korean but moved to the US at a very young age so I'm pretty much an American but this sounds pretty ****ed up.

f=ma
10-23-2010, 09:41 AM
that rental scheme makes absolutely no sense. unless its a 1 year interest free loan to the investor in which case it seems like you have a high risk of default

but whatever, if you have $50k to risk on a girlfriend more power to you

dynamo
10-23-2010, 09:46 AM
thats also something close to $4200 month which I'm sure could be a sweet sweet house. I know he gets it all back but 4k a month for an apartment thats redonk.

Jorge Sanchez
10-23-2010, 01:34 PM
that rental scheme makes absolutely no sense. unless its a 1 year interest free loan to the investor in which case it seems like you have a high risk of default

I suspect it operates just like a regular mortgage, except instead of interest payments the lender gets free rent. The owner is probably an investor who benefits form short-term, interest-free financing. If the owner defaults the lender can foreclose.

Songsangnim
10-24-2010, 01:51 AM
Gentlemen in his mid 50s, successful in his carrer, married with 2 kids who have both finished college. I spot him today with a very attractive young Korean lady. (Maybe in her early 20s)

I see him later in the day, and I go "What's up with the new girl?'

He goes "O that's my enjoy girlfriend" basically he is banging her on the side, his wife most likely is aware of this as well. I went "O really?" he goes "yea"

I go "So how does that work"

Here's what he does (and apparently has been doing it for 10 yrs)

In Korea you got a system called key money. You put a large deposit down on a house and you live rent free, your basically paying 75-80% of the value the landlord invests it. When the lease is over you get your money back.

What he does is he takes his nice car (he has a really suped up unique one) down to the university and hangs out. Of course he has money and Korean girls can see this from a mile away.

He'll pick one up and date her for a few weeks if he likes her he'll offer her an apartment. They'll of course say yes, he'll play the "wanna move out of your parents house card"

They'll agree and he'll rent them 1 bedroom apartment in some decent highraise apartment or ville. Sounds expensive?? Actually it free. He gives the place $50,000 cash on a 1 yr lease normally. The girl lives there for 1 yr she moves out and he gets the money back.

During this time he is basically having sex with her whenever he pleases.

I asked him how he keeps it all hidden and he's like "Pulled out $50,000 10 yrs ago told my wife it was an investment in the states. I've been using the same $50,000 for the past 10 yrs she has no idea"

And i'm just like "wow, wtf"

I go "doesn't your wife know this" he goes "She has an idea I'm doing it, but it's a part of the culture and so common she just turns a blind eye"

Crazy, BTW the guy said he used to go to places where he paid for the services. Said he looked at the day cost and discovered this way was cheaper.

I have an idea that he was "having you on". Dollars to donuts that he wasn't being completely honest with you. Adultery is a criminal affair in South Korea carrying with it a penalty of up to 2 years in jail.

Back in 2006 there was a U.S soldier (of Korean descent) who was sentenced to 10 months in jail for having an affair.

That said it does occur here, but after 10 years here something about this fellow's tale just seems off.

hellagrant
10-24-2010, 03:08 PM
LOL yeah korean girls are real hoes. they love the $$$

trust me

d'Anconia
10-31-2010, 09:38 PM
If this story is true (which it sounds like it isn't) then I would feel absolutely terrible for South Korean girls.