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Creative Solutions: How'd they do it?9 g- ?6 X* `+ `* X* h5 o% u( x8 o9 D
Nothing says home like the living room couch! S2 M5 ^( K* t9 \0 Z# u
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Alexandra Zabjek
9 Y* E, `& R2 KThe Edmonton Journal
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7 m7 O" Z7 r8 q* ]) t' ?9 YSunday, May 20, 2007: [8 ^! i- k# N6 Z& S0 _
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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.) D2 [; N! u: s0 {# f5 U. t
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At Steve Li's one-bedroom apartment near NAIT, the living room is a bedroom for his roommate, Bill Chadwick.+ [3 a6 I) y( o' B
& A! ~' N7 K% C8 [$ m- N: a6 ALi 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 r) D% r( t. ?6 U- o. S"I receive approximately $700 per month (in grants) to go to school," says Chadwick, 32. "So when $275 comes into the picture, it works out quite well.", N* ^7 d: `# j% c) B3 l' {
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After spending time couch-surfing with friends, Chadwick says having a "defined space" is great, even if it isn't a proper bedroom.
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Sharing a one-bedroom apartment is a common arrangement amongst Chinese students studying in Edmonton, says Li, who has been living in Canada for the past seven years. It's a big change for many of these students, he says.) G1 s1 T" U) p8 U" o8 l
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"The people who can afford to send their kids to Canada to study are quite rich," he says. "(Their) apartments in China are big."$ l2 A0 V4 Y* m! y: b
2 ^% E/ T3 Z8 O$ n$ ySplitting the rent on a one-bedroom apartment, however, make things much easier for students with limited budgets.' R. |! u* s' Y& H5 u$ K" R
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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, I9 F) B* L a6 ^" w) X" x
- g- p# E' q" v0 s+ y ?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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"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."% M! V( q: a& R X" ]$ C
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Their tenant pays $500 per month for the 750-square-foot suite. The money helps the couple pay down their mortgage more aggressively and provides a cushion in case either loses their job, says Crawshaw.; {5 r& L3 @, k" q; J' R
1 n8 G- w5 b! I4 pThe arrangement has worked out well, especially because the tenant was already living in the house when they moved in and has proved to be a "fantabulous" tenant who often spends time gardening in the yard or raking leaves, says Crawshaw, 25.
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+ }0 G% q2 j% R; E0 TThe downside, however, is the lack of space. The couple and their two cats share about 750-square-feet on the upper floor of the house.# `5 S+ G7 R0 P" R: f; T
4 R6 i) i' k- l# M5 y9 C5 |"It would be nice to have more space and to have another bathroom," she says.2 m; r: S8 D, c/ Q4 F# L
3 C$ N; _6 B+ R: P. }0 g% g# A: s"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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