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Creative Solutions: How'd they do it?8 ?( W% _) Z& c
Nothing says home like the living room couch. ? q! i$ S7 ]% e. P, e# K) G
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Alexandra Zabjek
5 D8 m: ?$ ~7 G0 k1 vThe Edmonton Journal
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Sunday, May 20, 2007% p; d% q: ^, q! D$ ^7 _4 y
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+ M/ w, }7 y, a0 R7 k; hStudent 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. N9 I* C4 p4 b: {
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At Steve Li's one-bedroom apartment near NAIT, the living room is a bedroom for his roommate, Bill Chadwick.: w( D' [+ y' w* \9 w5 U5 h+ X4 x' Y
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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 $275 per month to put his bed in the living room.
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: x1 z$ S+ f5 h. l. |"I receive approximately $700 per month (in grants) to go to school," says Chadwick, 32. "So when $275 comes into the picture, it works out quite well."9 f+ F, [: o" d2 J% W) z: \
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After spending time couch-surfing with friends, Chadwick says having a "defined space" is great, even if it isn't a proper bedroom.2 i) u/ K* ~4 j- ]3 ?% [8 j! @: B# q
, ^; C- w: }6 D% l+ ]6 }Sharing a one-bedroom apartment is a common arrangement amongst Chinese students studying in Edmonton, says Li, who has been living in Canada for the past seven years. It's a big change for many of these students, he says.
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"The people who can afford to send their kids to Canada to study are quite rich," he says. "(Their) apartments in China are big."5 m0 G1 b: _9 Z+ c3 d
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Splitting the rent on a one-bedroom apartment, however, make things much easier for students with limited budgets.6 }% O( L/ M# M; Q+ o
7 K) E x0 l. u( Z! d"I wouldn't say (it would be completely) unaffordable, but this way it's much more economical," he says.
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: p1 p k3 ^/ K9 p( eSOMEONE IN THE BASEMENT TO HELP PAY THE MORTGAGE7 F: k' o/ | D& a2 |' ^
! w$ n' T a6 x2 f/ mWhen 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.1 B7 W, s9 l# I: L5 }
6 C5 S6 ~8 S3 }"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 $500 per month for the 750-square-foot suite. The money helps the couple pay down their mortgage more aggressively and provides a cushion in case either loses their job, says Crawshaw.
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The arrangement has worked out well, especially because the tenant was already living in the house when they moved in and has proved to be a "fantabulous" tenant who often spends time gardening in the yard or raking leaves, says Crawshaw, 25.! q5 h: L+ T3 O
9 B) `8 q5 f) I/ A3 e; V5 `: G# p* QThe downside, however, is the lack of space. The couple and their two cats share about 750-square-feet on the upper floor of the house.
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' D! a8 |$ Z! ?"It would be nice to have more space and to have another bathroom," she says.# ]5 }% |- f$ Y# O/ }
, k2 }* P' P! S1 s6 ]4 d4 c"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."3 ^: F4 _. q8 v' S1 ^8 {. z& @( ^
© The Edmonton Journal 2007 |
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