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Creative Solutions: How'd they do it?
5 x; L# b, N. K' O7 n3 VNothing says home like the living room couch$ e; U1 V- q# r8 u5 r! Y/ B
U3 o% u4 R$ Q2 m; j9 BAlexandra Zabjek
8 t5 t" T5 ~) p4 r8 J" k0 fThe Edmonton Journal! N3 S& _* Z* H5 w: m
, i; W% |7 o% eSunday, May 20, 2007. ]6 C6 f& t; |( w9 ]
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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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1 F4 t$ d* Q( k4 q3 k8 m$ e0 [At Steve Li's one-bedroom apartment near NAIT, the living room is a bedroom for his roommate, Bill Chadwick.6 B1 m; s' @. a$ B, i/ ` ]
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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 $275 per month to put his bed in the living room.
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/ Q1 M) T' r5 L D' W' i$ z"I receive approximately $700 per month (in grants) to go to school," says Chadwick, 32. "So when $275 comes into the picture, it works out quite well."
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1 ^6 u. `+ d- j6 c9 TAfter spending time couch-surfing with friends, Chadwick says having a "defined space" is great, even if it isn't a proper bedroom.* I2 b' _( J' y" h
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Sharing a one-bedroom apartment is a common arrangement amongst Chinese students studying in Edmonton, says Li, who has been living in Canada for the past seven years. It's a big change for many of these students, he says./ p' @- x8 [% x9 @( E* I
, x+ Y, g0 o& d$ P" I7 f; r"The people who can afford to send their kids to Canada to study are quite rich," he says. "(Their) apartments in China are big."6 h, q; b' V( D: p% I% j3 E
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Splitting the rent on a one-bedroom apartment, however, make things much easier for students with limited budgets.4 E5 W+ I. {8 R( I3 [* q
( m0 q$ w l4 X8 ?9 Z7 u- W- h"I wouldn't say (it would be completely) unaffordable, but this way it's much more economical," he says.! `2 L/ S! y5 I S+ M" ]
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SOMEONE IN THE BASEMENT TO HELP PAY THE MORTGAGE
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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.4 H, ]3 o: @+ |4 H+ g, `2 K
# B+ n0 N2 p; u# W( @( ^"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 $500 per month for the 750-square-foot suite. The money helps the couple pay down their mortgage more aggressively and provides a cushion in case either loses their job, says Crawshaw.: u* R% t t3 ^
' ?$ W' \1 A, A" r1 eThe 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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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.8 j3 k8 ~0 o: l
, _; J4 Z1 H6 _4 H# D b2 Z7 } G8 u"It would be nice to have more space and to have another bathroom," she says.
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0 M& R; j3 x% l" c2 t; |"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 b* _6 f0 @* l" z1 n" y, z4 Q© The Edmonton Journal 2007 |
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