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Creative Solutions: How'd they do it?- _) z% G+ E. V. f4 _) r
Nothing says home like the living room couch
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Alexandra Zabjek* g2 `# H8 g& Y+ W7 d% p
The Edmonton Journal
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Sunday, May 20, 20070 a! b: o8 c+ D) F5 P
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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.: ?, A1 `: u: r3 B/ ?$ _4 c, h8 w
3 v" I9 v8 k2 q, M4 UAt 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 $275 comes into the picture, it works out quite well."" m L. |1 e: q# h% L h9 \2 Y" b9 M
; ?8 }( s- b( A: ?4 p) C# Q& [) L3 mAfter spending time couch-surfing with friends, Chadwick says having a "defined space" is great, even if it isn't a proper bedroom.
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Sharing a one-bedroom apartment is a common arrangement amongst Chinese students studying in Edmonton, says Li, who has been living in Canada for the past seven years. It's a big change for many of these students, he says.+ S& ~0 U: Q# W8 Z
, Z2 {2 D7 w( B7 Q; J"The people who can afford to send their kids to Canada to study are quite rich," he says. "(Their) apartments in China are big."
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Splitting the rent on a one-bedroom apartment, however, make things much easier for students with limited budgets.4 ?* r% \* v- K- d" H. a
8 x$ d0 G/ A# r) ~+ A' l"I wouldn't say (it would be completely) unaffordable, but this way it's much more economical," he says.
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% I1 W2 i' V. uSOMEONE IN THE BASEMENT TO HELP PAY THE MORTGAGE6 F7 P" N2 [# S% m8 K
+ z+ U4 l; Y3 {2 jWhen 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."" B# J, I( z/ O6 }! Z" Q8 H
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Their tenant pays $500 per month for the 750-square-foot suite. The money helps the couple pay down their mortgage more aggressively and provides a cushion in case either loses their job, says Crawshaw., K0 s; m2 x1 Y6 k ^
2 L( ^$ e" R3 NThe 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, 25.6 ^+ K% f7 N( J5 P3 g) g1 ^
/ P/ c8 ~& z/ I6 G4 ZThe 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.$ V& X; o4 k# u
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"It would be nice to have more space and to have another bathroom," she says.
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: E! k' ?. g$ g7 A/ T8 Q3 y"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."1 X- K. o% z7 f( O. ~6 D7 g
© The Edmonton Journal 2007 |
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