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Creative Solutions: How'd they do it?
' v" z9 k7 B$ S( B4 x! N6 ZNothing says home like the living room couch8 k" g8 z6 S1 d8 f: H# H* B5 y
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Alexandra Zabjek/ O, D' S" \" d
The Edmonton Journal4 |# v" G. F. f3 c
, O& t3 t% }- D6 X1 _7 R1 DSunday, May 20, 2007. S1 l/ M: z# [ J8 x Q ~2 P4 u
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Student apartments aren't typically luxurious places, but soaring rents in Edmonton are forcing some students to pare down their living arrangements even more than usual.5 W& ~- M! a3 |# t
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At Steve Li's one-bedroom apartment near NAIT, the living room is a bedroom for his roommate, Bill Chadwick.
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8 S. ]' z) x a% J' B9 wLi and Chadwick, both students, split the $600 rent almost evenly -- Li gets the bedroom for $325 per month, while Chadwick pays $275 per month to put his bed in the living room.2 m% L% p7 M% Q5 t {
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"I receive approximately $700 per month (in grants) to go to school," says Chadwick, 32. "So when $275 comes into the picture, it works out quite well."
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7 {4 u$ A. p0 g8 VAfter spending time couch-surfing with friends, Chadwick says having a "defined space" is great, even if it isn't a proper bedroom.
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Sharing a one-bedroom apartment is a common arrangement amongst Chinese students studying in Edmonton, says Li, who has been living in Canada for the past seven years. It's a big change for many of these students, he says.
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8 V M T# L. Q% H3 \"The people who can afford to send their kids to Canada to study are quite rich," he says. "(Their) apartments in China are big."
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Splitting the rent on a one-bedroom apartment, however, make things much easier for students with limited budgets.
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1 ?, T& L$ }. W+ d"I wouldn't say (it would be completely) unaffordable, but this way it's much more economical," he says.4 U$ T( z' R8 V: N5 J- p
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SOMEONE IN THE BASEMENT TO HELP PAY THE MORTGAGE7 \3 t6 M# {6 J/ [+ ?5 V2 L
4 M4 c# Y } n( }. ~When Caitlin Crawshaw and her girlfriend bought a bungalow in Bonnie Doon last summer, it wasn't just the location that sold them on the 1950s era house. It was also the basement suite.
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1 m" y5 r7 |- ^"It wasn't originally part of our plan," Crawshaw says. "But as soon as we started looking at houses and seeing what the market was, we thought that maybe we should consider it."8 L$ H3 v$ h0 o5 X' a
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Their tenant pays $500 per month for the 750-square-foot suite. The money helps the couple pay down their mortgage more aggressively and provides a cushion in case either loses their job, says Crawshaw.. k+ O8 ?2 \5 z; c1 D
3 K2 d- x% S& o9 o4 q7 F1 T$ oThe arrangement has worked out well, especially because the tenant was already living in the house when they moved in and has proved to be a "fantabulous" tenant who often spends time gardening in the yard or raking leaves, says Crawshaw, 25.) U; U6 u5 \' M- M
$ Z& ^! u: X- q; \' b; G+ ?9 UThe downside, however, is the lack of space. The couple and their two cats share about 750-square-feet on the upper floor of the house.5 J- D6 j! {5 D3 A% e" O, ~" p
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"It would be nice to have more space and to have another bathroom," she says.& z& k1 _/ S: B% g% b
% [! b: S) ~) y& S"But it does work out quite well. I don't regret it. But I don't want to do it for more than five years -- I don't think that anyone does.": q& H8 ]; B" A0 n# u6 M0 w# X; F
© The Edmonton Journal 2007 |
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