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Creative Solutions: How'd they do it?
4 l" y- m! b3 H) @7 ~/ CNothing says home like the living room couch
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Alexandra Zabjek0 p: I0 p% N$ v7 \4 ?- k- g$ J
The Edmonton Journal
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- d5 @$ S6 q; V, qSunday, 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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c& f6 n5 m# P; Y9 H. V5 tAt 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.
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3 G" X# s! D# A( j# r! f"I receive approximately $700 per month (in grants) to go to school," says Chadwick, 32. "So when $275 comes into the picture, it works out quite well."
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After spending time couch-surfing with friends, Chadwick says having a "defined space" is great, even if it isn't a proper bedroom.# n+ L2 j, y; ]- ~+ t+ A. T
3 a' c/ I! ~! k( o9 YSharing a one-bedroom apartment is a common arrangement amongst Chinese students studying in Edmonton, says Li, who has been living in Canada for the past seven years. It's a big change for many of these students, he says.; q p' W# }3 {
6 o+ K. K9 a: G# L- e8 h"The people who can afford to send their kids to Canada to study are quite rich," he says. "(Their) apartments in China are big."3 Z5 X4 Q/ K3 c' ^0 T: z
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Splitting the rent on a one-bedroom apartment, however, make things much easier for students with limited budgets.6 ?8 |/ S0 v) l1 C/ q
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"I wouldn't say (it would be completely) unaffordable, but this way it's much more economical," he says. Z4 t. j7 {0 |0 `5 W. p% I
% a& S& F; g3 ?SOMEONE IN THE BASEMENT TO HELP PAY THE MORTGAGE9 S! _3 X7 p9 n3 }# L' {& D3 x
( s3 m! G# @6 C. D- Q3 b, iWhen Caitlin Crawshaw and her girlfriend bought a bungalow in Bonnie Doon last summer, it wasn't just the location that sold them on the 1950s era house. It was also the basement suite.! Y: u/ U/ P3 e. u y6 F/ {! F
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"It wasn't originally part of our plan," Crawshaw says. "But as soon as we started looking at houses and seeing what the market was, we thought that maybe we should consider it."3 H# y7 C, Y" @$ p7 S" B- Y6 ~
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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.
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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.3 k9 m; r6 e9 \; j
: Q& ^4 o( x: J2 C8 O1 Q"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."
( `' ]5 @1 B) S6 s© The Edmonton Journal 2007 |
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