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Taro Toporific wrote: Hell, right now the American Club is looking like a ghost town---They have been forced to open their dining area to anyone who wants to make a reservation.
GomiGirl wrote:The big name top tier schools with their 2m yen/year base fees (not including the "gift" money that is unwritten but expected) are suffering.
cstaylor wrote:Are these schools as good as the ones at home? Beyond learning English I mean...
GomiGirl wrote:My mother has taught in a number of them here in Japan over the years and she thinks they are awesome schools. Equivalent of private school education in Australia at least.
Screwed-down Hairdo wrote:As a graduate of an Australian private school, all I can say for international schools is...eek!
Samurai_Jerk wrote:...I think American companies are more likely to hire a local country manager than European ones.
Dreamy_Peach wrote:I heard that the British School is around 2m per year. For a Brit this would be a shocking amount of money given the weakness of the pound against the yen at the moment. You could probably send your kid to Eton, Westminster or Harrow or one of those other posh schools for the same amount.
Dreamy_Peach wrote:Of the natives, I wonder how many can afford this. I understand that salaries overall for Japanese have been decreasing year on year for most, and the average is something less than 5m. Even for those in upper bands, they must be taking out loans or have a shit load of savings to do this.
Dreamy_Peach wrote:Are Japanese schools really that bad?
Dreamy_Peach wrote:I heard that the British School is around 2m per year. For a Brit this would be a shocking amount of money given the weakness of the pound against the yen at the moment. You could probably send your kid to Eton, Westminster or Harrow or one of those other posh schools for the same amount.
Of the natives, I wonder how many can afford this. I understand that salaries overall for Japanese have been decreasing year on year for most, and the average is something less than 5m. Even for those in upper bands, they must be taking out loans or have a shit load of savings to do this.
Are Japanese schools really that bad?
Dreamy_Peach wrote:Of the natives, I wonder how many can afford this. I understand that salaries overall for Japanese have been decreasing year on year for most, and the average is something less than 5m. Even for those in upper bands, they must be taking out loans or have a shit load of savings to do this.
Are Japanese schools really that bad?
2mil a year isn't much when you're making 100mil a year, and there is no shortage of people making that and much more.
Now, as for universities,
gaijinpunch wrote:I've never heard anything good about even the "top" Universities here. I've known a handful of Todai students who all concurred its' the same old story: sell your soul to get in, then finger yourself all day every day after that. When I was studying abroad WAAAY back in '96, we had a Kiwi teacher Shink his way down to Shizuoka once a week for a 3 hour course. He was a prof at Sophia and said it was a joke, and that he did his job on a leash.
gaijinpunch wrote:Actually it's a shit ton -- 2 mil post tax on a 100 mil a year salary is painful. Probably closer to 1/3 of the take home.
gaijinpunch wrote:Actually it's a shit ton -- 2 mil post tax on a 100 mil a year salary is painful. Probably closer to 1/3 of the take home. And then there's juku and hookers.
FG Lurker wrote:You missed a zero.
Also, tax on a 10mil yen salary is nowhere near 40%. It's plenty high, but not that high.
dimwit wrote:At 10 million, your national tax would be about 900,000 plus another 900,000 for prefectural tax plus god knows what else for health insurance. So in total 1/3 of income is probably not far off the mark.
Samurai_Jerk wrote:So you're saying the tax rate on 100 million yen is 94%?
Russel wrote:In any case, it is better not to generalize.
dimwit wrote:At 100 million your tax would theoretically be about 33 million if you didn't have a good tax accountant.
gaijinpunch wrote:Duh... was thinking 10 million yen.
No shortage of people making 100 million yen? Japanese? In Japan? Obviously they exist but you gotta assume most of those people's kids are all grown up.
gaijinpunch wrote:No shortage of people making 100 million yen? Japanese? In Japan? Obviously they exist but you gotta assume most of those people's kids are all grown up.
Samurai_Jerk wrote:In a country of 120 million people even a very small percentage is still a lot of people. As others have stated on here, there's a lot of old money in Japan and family businesses being run by people who've inherited mini Empires. My ex was a hostess at a very high-end Ginza club and most the guys who hang out at those places are very wealthy. A lot of them are real estate owners collecting rent on property that has been in the family for generations.
I also have a friend who owns a house in the second richest neighborhood in Zushi. I've been down to hang out with him and his neighbors and trust me, they're loaded. They're living in homes worth several hundreds of millions of yen, driving Bentlies and Ferraris, and keeping 50-foot cruisers docked at Hayama Marina.
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