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Creative Solutions: How'd they do it?
1 x C7 c: `& i/ ?8 j2 O- L9 pNothing says home like the living room couch
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+ X6 e. r- D. h/ J, Q1 B% Y- [) gAlexandra Zabjek
. {4 r4 h5 d7 k1 w# rThe Edmonton Journal
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: U- |6 ?" y+ o8 E$ h i$ Y3 g( WSunday, 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.8 F3 O9 e+ f4 M5 d6 U
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At Steve Li's one-bedroom apartment near NAIT, the living room is a bedroom for his roommate, Bill Chadwick.8 B( {7 }! C; C" r
' Q+ s W6 J+ T0 ^& w2 nLi 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 $275 comes into the picture, it works out quite well.". V0 o1 X t: v8 c5 r& c9 y
6 K# n8 L J1 J- q q- dAfter spending time couch-surfing with friends, Chadwick says having a "defined space" is great, even if it isn't a proper bedroom.- n- R4 m A: E! e
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Sharing a one-bedroom apartment is a common arrangement amongst Chinese students studying in Edmonton, says Li, who has been living in Canada for the past seven years. It's a big change for many of these students, he says.
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( C2 X$ L7 p& D- s+ G"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.
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"I wouldn't say (it would be completely) unaffordable, but this way it's much more economical," he says. ]8 d: X2 h1 T8 y
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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.
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& v3 [0 t+ X+ `: G; H9 ^) R"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 $500 per month for the 750-square-foot suite. The money helps the couple pay down their mortgage more aggressively and provides a cushion in case either loses their job, says Crawshaw.
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The arrangement has worked out well, especially because the tenant was already living in the house when they moved in and has proved to be a "fantabulous" tenant who often spends time gardening in the yard or raking leaves, says Crawshaw, 25.
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. S- E' S3 p! i' W: q% aThe downside, however, is the lack of space. The couple and their two cats share about 750-square-feet on the upper floor of the house.; C5 p$ a, \$ t+ q# _
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"It would be nice to have more space and to have another bathroom," she says.% v' T4 T0 u2 s- \! H
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"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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