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Creative Solutions: How'd they do it?
' p0 |- X. Y( r2 N5 ? a% fNothing says home like the living room couch
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3 b( ?5 [; T% x& q7 I; ~$ X& nAlexandra Zabjek
; _$ b) w& \+ m% q8 V3 UThe Edmonton Journal
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Sunday, May 20, 2007
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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.
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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 q, h% ` h% E% z) jLi 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.+ @3 P0 x! `/ F" C# L7 @8 d0 b
0 \; V- z7 Q6 D# m- d( G8 f"I receive approximately $700 per month (in grants) to go to school," says Chadwick, 32. "So when $275 comes into the picture, it works out quite well."
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; R9 d% `( f, [After spending time couch-surfing with friends, Chadwick says having a "defined space" is great, even if it isn't a proper bedroom.
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5 R8 s1 C6 A! X8 ]& V' R% RSharing a one-bedroom apartment is a common arrangement amongst Chinese students studying in Edmonton, says Li, who has been living in Canada for the past seven years. It's a big change for many of these students, he says.' h6 E9 V$ n5 g( n7 W0 S1 L
4 f" P7 k7 `* z E" }, j"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 L' K/ }6 {- J5 c) uSplitting the rent on a one-bedroom apartment, however, make things much easier for students with limited budgets.
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- T( V6 Y; L( T8 \"I wouldn't say (it would be completely) unaffordable, but this way it's much more economical," he says.
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0 k$ r/ k( u, y; M" oSOMEONE IN THE BASEMENT TO HELP PAY THE MORTGAGE) e% f% q9 z2 Z' ^' S+ ?/ J: C& e
: O: A& `* \: XWhen 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.8 F) D+ N4 }7 ?
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"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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Their tenant pays $500 per month for the 750-square-foot suite. The money helps the couple pay down their mortgage more aggressively and provides a cushion in case either loses their job, says Crawshaw.
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The arrangement has worked out well, especially because the tenant was already living in the house when they moved in and has proved to be a "fantabulous" tenant who often spends time gardening in the yard or raking leaves, says Crawshaw, 25.9 E2 b6 j+ F, ?; ~: B
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The downside, however, is the lack of space. The couple and their two cats share about 750-square-feet on the upper floor of the house.
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7 Q+ |: p. z& v3 S"It would be nice to have more space and to have another bathroom," she says.- {8 L' y7 v9 w. Q1 I! w
; n$ O' ~3 ^; N2 @* }"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 f* D$ L4 k) a8 j© The Edmonton Journal 2007 |
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