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Nothing says home like the living room couch( l0 t. S, N; T( f3 _) ?
5 @& v- R- W9 x- e: T4 {5 T+ wAlexandra Zabjek
1 d$ O; Y7 r5 d2 j# d' ]0 fThe Edmonton Journal& x; x) @. P+ B
+ S1 P1 ?& v7 DSunday, May 20, 2007
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2 ] h$ s5 n- I# m6 CStudent 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.
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9 h% h% x' N s1 t7 jAt 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.1 \6 P: m j* l. n
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"I receive approximately $700 per month (in grants) to go to school," says Chadwick, 32. "So when $275 comes into the picture, it works out quite well."7 o* H Z# @8 ?2 S" r( K
9 h6 f; k( Q1 Y- pAfter spending time couch-surfing with friends, Chadwick says having a "defined space" is great, even if it isn't a proper bedroom.) `" h9 Z, Q# O5 g0 l- k$ p
! e8 T- v7 a' Q/ \8 R$ dSharing 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.- f1 L9 a2 J" O+ K
. A8 z7 A% ~5 c2 I" G1 [ T"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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3 J/ T0 j7 j3 h4 E7 ^ DSplitting the rent on a one-bedroom apartment, however, make things much easier for students with limited budgets.6 o# u5 Y& J* f2 O, ]
6 F! y' G" |; K `- t"I wouldn't say (it would be completely) unaffordable, but this way it's much more economical," he says.
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' q+ k3 I( U: [; r8 P" JSOMEONE IN THE BASEMENT TO HELP PAY THE MORTGAGE
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, ?2 D, O5 R1 L4 S/ t$ kWhen 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." b1 `. @5 ?8 f0 }1 v4 S4 b
( R7 a; y+ p* f6 h. s5 Y"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."+ \# G; G! j) L) @& R
8 s$ b8 v, T3 `9 M: DTheir 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.. ?8 A" j9 z3 H( o3 v3 `
# q3 B; ^" w' j2 FThe 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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1 |* T: u, o1 o6 ~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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7 |/ T& i; {4 l4 i' v. k"It would be nice to have more space and to have another bathroom," she says.' a8 j5 T& y% Q; }
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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."2 m" z: f0 k* e; q
© The Edmonton Journal 2007 |
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