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Creative Solutions: How'd they do it?: a* C5 H* i3 \$ F' ~5 H
Nothing says home like the living room couch
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Alexandra Zabjek
+ T9 s# G8 Z; X$ d7 jThe Edmonton Journal
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2 I5 l* A8 n, g' ]5 s3 W& z VSunday, 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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! l u8 o7 ^) _0 |3 p; DLi 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.9 t" a. h& P% F1 @) |
( a* `/ |2 a. A( K"I receive approximately $700 per month (in grants) to go to school," says Chadwick, 32. "So when $275 comes into the picture, it works out quite well.": c/ y; X4 N5 A5 g; I; Z
" d+ ]% x2 ?' n& x* |; T q7 E _After spending time couch-surfing with friends, Chadwick says having a "defined space" is great, even if it isn't a proper bedroom.2 x8 Z& p- X* g/ C6 T1 C
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Sharing a one-bedroom apartment is a common arrangement amongst Chinese students studying in Edmonton, says Li, who has been living in Canada for the past seven years. It's a big change for many of these students, he says.6 e" Q2 m# {0 `1 C
% q4 d+ b# o0 P1 O V"The people who can afford to send their kids to Canada to study are quite rich," he says. "(Their) apartments in China are big."
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Splitting the rent on a one-bedroom apartment, however, make things much easier for students with limited budgets.3 I* o& w% Y0 i! j6 Q; w3 w$ [
o8 k0 ]- Y. Y- w7 X8 j"I wouldn't say (it would be completely) unaffordable, but this way it's much more economical," he says.* z, t3 p( `$ |6 b; C
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SOMEONE IN THE BASEMENT TO HELP PAY THE MORTGAGE t# `# U( O' r' ~/ e7 {' ~5 C
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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.# v3 }$ @/ z0 A. _
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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 $500 per month for the 750-square-foot suite. The money helps the couple pay down their mortgage more aggressively and provides a cushion in case either loses their job, says Crawshaw.
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The arrangement has worked out well, especially because the tenant was already living in the house when they moved in and has proved to be a "fantabulous" tenant who often spends time gardening in the yard or raking leaves, says Crawshaw, 25. }/ N/ W4 {0 _5 F$ C
* n! G5 W" S8 i3 k2 p6 s2 W' W. R, R. EThe 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 K1 z; l3 H9 I! k6 o F
9 l7 N; B/ T/ Z# r* x"It would be nice to have more space and to have another bathroom," she says., B* P& }3 Q% @: ^6 U
3 L6 [2 }: ?0 Q2 S9 G; G"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."
8 `1 } s, ^+ T! Y© The Edmonton Journal 2007 |
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