Ask HN: Where can I live off 1k USD per month?

Post by jayadeeptp » Thu, Aug 26, 2021, 7:26 PM UTC

throwawayswede wrote: post #83

pie_flavor wrote: post #71

Earlier quoted context omitted.

You perhaps missed that you get the whole deposit back. The landlord doesn't keep it. You could buy the property outright, or you could live somewhere for essentially free, as long as you don't value the interest on that cash more than you value the place you're staying.

That sounds strange, what's in it for the landlord?

Post by Leftium » Thu, Aug 26, 2021, 7:27 PM UTC

throwawayswede wrote: post #83

pie_flavor wrote: post #71

Earlier quoted context omitted.

You perhaps missed that you get the whole deposit back. The landlord doesn't keep it. You could buy the property outright, or you could live somewhere for essentially free, as long as you don't value the interest on that cash more than you value the place you're staying.

That sounds strange, what's in it for the landlord?

Post by mysecretaccount » Thu, Aug 26, 2021, 7:28 PM UTC

kaycebasques wrote: post #66

One thing I'll mention for US citizens. Aetna's Mobile Healthcare Plan seems fairly reasonable. I'm paying around $300 a month total for coverage for my partner and me (most comprehensive coverage, highest deductible). Apparently it's still valid in the US so long as you spend the simple majority of your time outside of the US (i.e. 6 months abroad). https://www.aetnainternational.com/en/individuals/health-pla...

Post by acchow » Thu, Aug 26, 2021, 7:29 PM UTC

koolba wrote: post #86

Leftium wrote: post #74

Earlier quoted context omitted.

I believe the system started when there were double digit interest rates (in the 80's?). Now interest rates are much lower, but Koreans got used to paying $0 rent and anything above that feels like they are being ripped off. One reason landlords like the system is because they can daisy-chain the purchase of multiple properties. They take the first cheonsae deposit and use it to purchase another property, then use th…

> One reason landlords like the system is because they can daisy-chain the purchase of multiple properties. They take the first cheonsae deposit and use it to purchase another property, then use the cheonsae deposit from the 2nd property to purchase a 3rd property, and so on... That sounds like it’d be a disaster during a liquidity crunch.

Post by peakaboo » Thu, Aug 26, 2021, 7:31 PM UTC

rich_sasha wrote: post #59

burntoutfire wrote: post #19

Poland is doable if you stay out of major cities. You can rent a studio for $300 (incl. all utilities). Food, if you cook, will cost you $200-$250 ($300-$400 if you don't cook and want to eat out only). Wired Internet and cell phone will be around $20. State-provided health insurance is about $120 per month (this is "socialized medicine", so it provides everything with no deducible, up to treating cancer etc.), but c…

As a Pole myself, I’d add two things: it is generally a lovely country, lots of beautiful countryside etc. Less “spectacular”, more “cozy” etc. People are a bit uncertain of new things (eg foreigners in a new town) but generally warm and helpful eventually. That said, I’d you’re not white and straight, small towns could be very unwelcoming, from people staring, to telling you to go, to physical violence. Rare but tru…