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Creative Solutions: How'd they do it?
1 b- a: }4 A2 _5 f7 pNothing says home like the living room couch
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9 V, w8 I( y$ EAlexandra Zabjek
% R/ u$ Y/ N7 X" B$ ]% K) c8 X# b- ^The Edmonton Journal
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- q7 _5 I- o6 e l3 d0 D- f' DSunday, May 20, 2007
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' L$ M' p% ]4 N0 z8 VStudent 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.0 i. _" D! s0 |9 I j( M- V
; p4 \ f* ^6 vAt 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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, r& |+ z& R; 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 y: j }& |0 b9 ]; S
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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.
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' q5 ^: ~) u2 K* M; Q) a9 iSharing 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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* H! ]7 h( j0 F- V- k; p- k" B"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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Splitting the rent on a one-bedroom apartment, however, make things much easier for students with limited budgets.
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"I wouldn't say (it would be completely) unaffordable, but this way it's much more economical," he says.
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SOMEONE IN THE BASEMENT TO HELP PAY THE MORTGAGE/ G, ^# H2 q& T( Q/ |) O
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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.& x& h/ a2 Y. i; K+ w8 |
1 l! w1 H* b& l! q8 D"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.") o# T8 m" l% j/ m0 t% ?: d
3 T" _# m: D1 p- ZTheir tenant pays $500 per month for the 750-square-foot suite. The money helps the couple pay down their mortgage more aggressively and provides a cushion in case either loses their job, says Crawshaw.6 L; p$ e4 b. o2 I' C) ~
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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.$ \- A8 S( w0 N; u
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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.+ r: }7 J7 r: U. { E
a; v0 t3 ]/ ?" ]9 r"It would be nice to have more space and to have another bathroom," she says.- c6 u$ u' ]% ~* Q! P2 e( {6 s
0 b6 Z. }. u9 d' v% ["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."0 p% ^/ B2 k& G& H
© The Edmonton Journal 2007 |
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