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Creative Solutions: How'd they do it?
% U, V* i# E/ X: P% C7 K: q4 n) |Nothing says home like the living room couch
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Alexandra Zabjek7 ?4 L( u$ J+ P8 \; m: b
The Edmonton Journal$ F4 X) I% z* W1 x2 Z
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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.8 V; J& K. \- k/ k; G b
, N- | P, O9 S8 } K8 FAt 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 $275 per month to put his bed in the living room.7 I1 M( [$ m/ Q0 W
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"I receive approximately $700 per month (in grants) to go to school," says Chadwick, 32. "So when $275 comes into the picture, it works out quite well."! e9 D R/ t! U$ W7 ~1 N
4 c4 }. D" [8 K$ LAfter 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.' k- g2 D( {9 u, X
0 L& x$ w% p% d# ~( f"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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$ |9 F I1 ^3 y5 P. i8 u, rSplitting the rent on a one-bedroom apartment, however, make things much easier for students with limited budgets.8 e7 N( \5 G3 P$ Z; W
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"I wouldn't say (it would be completely) unaffordable, but this way it's much more economical," he says.- k# a" R/ f: n" V4 ^2 v
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SOMEONE IN THE BASEMENT TO HELP PAY THE MORTGAGE& J& H" n+ O4 Z0 [0 r$ Y
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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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- q8 m- p. l" q# g& x"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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; P" h6 o# X9 |, w2 v( J8 XTheir tenant pays $500 per month for the 750-square-foot suite. The money helps the couple pay down their mortgage more aggressively and provides a cushion in case either loses their job, says Crawshaw.0 j' a/ n& P0 q: h* B' w! ~ B
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The arrangement has worked out well, especially because the tenant was already living in the house when they moved in and has proved to be a "fantabulous" tenant who often spends time gardening in the yard or raking leaves, says Crawshaw, 25.
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The downside, however, is the lack of space. The couple and their two cats share about 750-square-feet on the upper floor of the house.
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$ L$ T0 }9 F6 O" B- x"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."
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