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Creative Solutions: How'd they do it?
+ Q) g; I; [1 x0 F1 Z0 S% bNothing says home like the living room couch& z D* p# I' K+ F
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Alexandra Zabjek' B1 E, m+ h3 @ H
The Edmonton Journal
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: \0 B5 B0 c+ o! e- o& ^$ Z/ |% xSunday, May 20, 20077 o Z1 d" o9 |2 C( _1 W2 @+ w v
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$ G" N ?; {( bStudent 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.7 D `" q. W+ a, s; G' Z
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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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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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"I receive approximately $700 per month (in grants) to go to school," says Chadwick, 32. "So when $275 comes into the picture, it works out quite well."
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7 `: ^) O* N% ~% T( |After spending time couch-surfing with friends, Chadwick says having a "defined space" is great, even if it isn't a proper bedroom.2 ]5 ]% f; D. E/ K* f7 T% x1 b
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Sharing a one-bedroom apartment is a common arrangement amongst Chinese students studying in Edmonton, says Li, who has been living in Canada for the past seven years. It's a big change for many of these students, he says.1 V- O: J7 S( @. ?
: q( z: W3 w$ u4 C5 _"The people who can afford to send their kids to Canada to study are quite rich," he says. "(Their) apartments in China are big."% e( N+ ] l0 x1 {. W* T( l
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Splitting the rent on a one-bedroom apartment, however, make things much easier for students with limited budgets.! @+ T$ z0 I$ ~
* q' p( v6 i6 _# G: [# a' T"I wouldn't say (it would be completely) unaffordable, but this way it's much more economical," he says.* z5 p+ A6 o& O3 t/ Q$ _# {# |. { h. I
1 f2 S0 I$ l' z7 qSOMEONE IN THE BASEMENT TO HELP PAY THE MORTGAGE4 V9 J5 j& T Y `2 {
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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." O- E6 U4 F% e$ `
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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."6 } U! e) }+ P0 H7 v4 y
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Their tenant pays $500 per month for the 750-square-foot suite. The money helps the couple pay down their mortgage more aggressively and provides a cushion in case either loses their job, says Crawshaw.
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) `5 j" Q" v9 M. m. WThe arrangement has worked out well, especially because the tenant was already living in the house when they moved in and has proved to be a "fantabulous" tenant who often spends time gardening in the yard or raking leaves, says Crawshaw, 25.3 f* u- v$ Q s6 \
6 \7 ^" O: e- H+ j9 t" XThe 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.- Q; i M8 r$ a/ I
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"It would be nice to have more space and to have another bathroom," she says.
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$ N8 I$ H; ^8 O& t Y4 q6 A; _: `"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 h0 h+ E( P9 n
© The Edmonton Journal 2007 |
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