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Creative Solutions: How'd they do it?: l; ?$ ~; e1 j* N# P
Nothing says home like the living room couch9 H$ g P/ L; Z' _8 Y
3 ?! L0 d! F f+ R7 sAlexandra Zabjek
2 O8 l/ [* h$ e( h7 y0 D9 mThe Edmonton Journal$ ^6 [6 d w# R9 H2 u! f1 T( i
/ |* u5 D- Y/ v/ X/ a7 }& tSunday, May 20, 20073 S7 n; X: \! b. E1 ^3 c
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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.3 |6 U1 h3 N' q! |$ ?8 I# E4 z
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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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Li 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.0 {% g4 b4 u4 ^* K2 y
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"I receive approximately $700 per month (in grants) to go to school," says Chadwick, 32. "So when $275 comes into the picture, it works out quite well."
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* F% _' T; k- l$ JAfter spending time couch-surfing with friends, Chadwick says having a "defined space" is great, even if it isn't a proper bedroom.5 [, [* A' _$ A( F7 m" R: r% c/ s
! y" V" N" e1 m* s. ZSharing 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.4 u1 k2 |/ A0 L# ?
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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."+ ?- |" ]" V2 a5 T+ Y8 E
5 E# O9 i! b( LSplitting the rent on a one-bedroom apartment, however, make things much easier for students with limited budgets.6 N3 @* g% @; p- i, H( I
! P9 v; W6 v% H$ U( t9 g f) E7 P"I wouldn't say (it would be completely) unaffordable, but this way it's much more economical," he says.6 ^. w" R, r5 S. v8 D. r" H
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SOMEONE IN THE BASEMENT TO HELP PAY THE MORTGAGE1 V. t7 T0 H' K6 C R; t
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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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& A }" k( ]0 H; B"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."
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, z- U5 N+ w, s' c8 M& FTheir 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.
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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.; I v: ~: [/ r/ i9 u( e: t4 }& c
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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."
4 T/ x; R# V* e m f+ m& }6 T© The Edmonton Journal 2007 |
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