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Creative Solutions: How'd they do it?: R7 V- K/ L* `
Nothing says home like the living room couch' J6 E8 K, y& B* J X
% Z9 W3 ?5 {! H* f; Y. V7 SAlexandra Zabjek" D3 j: U2 D2 p4 ~& M2 A* K
The Edmonton Journal. B7 G) O" F1 t7 w6 w: \8 e9 z1 f
; _5 S; L7 P- q7 l6 |1 uSunday, May 20, 2007
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" s# O0 y6 Y/ oStudent 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.) l F1 |. @) Y' m: K
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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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' b" d3 U2 L- l* y6 cLi 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.% N+ z+ ^& D5 c3 g
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"I receive approximately $700 per month (in grants) to go to school," says Chadwick, 32. "So when $275 comes into the picture, it works out quite well."; C0 T- K, D8 } M# X6 L
( m" ]1 A1 O. Q0 D* }# u* f( e) JAfter spending time couch-surfing with friends, Chadwick says having a "defined space" is great, even if it isn't a proper bedroom.
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0 Q% K, y% A3 w4 k- C$ m; PSharing 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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"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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1 |" M E6 [! b, V% y/ f6 RSplitting the rent on a one-bedroom apartment, however, make things much easier for students with limited budgets.: F+ C+ m) o, }5 a6 b6 q
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"I wouldn't say (it would be completely) unaffordable, but this way it's much more economical," he says.
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2 b% j7 Q% v) _1 `; c9 M% mSOMEONE IN THE BASEMENT TO HELP PAY THE MORTGAGE' I1 k$ h# }6 X6 E
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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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, F0 e5 U' e& m) J"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."# y; G2 B/ {( }( y* V. C9 y
/ I7 G% I6 n, c& Y3 B5 {- R8 }Their tenant pays $500 per month for the 750-square-foot suite. The money helps the couple pay down their mortgage more aggressively and provides a cushion in case either loses their job, says Crawshaw.
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The arrangement has worked out well, especially because the tenant was already living in the house when they moved in and has proved to be a "fantabulous" tenant who often spends time gardening in the yard or raking leaves, says Crawshaw, 25.9 D& \% }; |# t( F) [; Z$ t
* G7 R# c7 C: u! {$ l) ]The 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.
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"It would be nice to have more space and to have another bathroom," she says.
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"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."
- V* P$ Z2 j- y, c% ^" g# J: s© The Edmonton Journal 2007 |
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