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Creative Solutions: How'd they do it?/ t& T& V* L2 U
Nothing says home like the living room couch/ F; ], c# v1 I& _
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Alexandra Zabjek/ G( x" i( z# B1 j; x2 ^6 N
The Edmonton Journal( I" ?# c2 A2 @: [6 i
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Sunday, May 20, 2007
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1 O' Q) ?; j2 x1 h/ `' {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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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.! F, y! p; i& _5 Y/ l
+ H, t+ _! B% b) c"I receive approximately $700 per month (in grants) to go to school," says Chadwick, 32. "So when $275 comes into the picture, it works out quite well."
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* i. X; } m% p& K; X }After spending time couch-surfing with friends, Chadwick says having a "defined space" is great, even if it isn't a proper bedroom." S( o8 W$ _- c; X p
: S) `, b. v- f' {3 F9 V9 TSharing 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.4 {" V/ h! F8 k. P1 s
# Z$ q% h/ o d7 p" ?4 k5 _"The people who can afford to send their kids to Canada to study are quite rich," he says. "(Their) apartments in China are big."1 B* L" L: V2 Y+ F$ I
$ G7 b* }8 q% D8 wSplitting 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.) {, r/ i' ^& E; I! n; y
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SOMEONE IN THE BASEMENT TO HELP PAY THE MORTGAGE
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% t# F" i) i2 d. dWhen 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.& |- m' O% Z% L+ j4 k
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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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a, T' H- ?4 T# f) b, fTheir 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.+ [: c: r; B3 _
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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. S0 c4 X/ o5 |( F4 m, L6 G: e& |
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"It would be nice to have more space and to have another bathroom," she says.) L" a' z0 F, L- m% q0 t
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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."& l4 |! B% s; k
© The Edmonton Journal 2007 |
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