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Creative Solutions: How'd they do it?, J" ?: ^; s4 v+ T2 R8 P: [
Nothing says home like the living room couch7 c$ o+ I5 k ?+ F
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Alexandra Zabjek
8 i- \7 P' `) T3 `+ n0 g [* Y fThe Edmonton Journal4 r5 f8 m1 E$ w F3 d+ r
7 B/ _' v# ^( ?, n, ]4 o6 dSunday, 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.
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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.( n8 Q7 J1 Q3 }( L, [3 b
3 t6 `( J: V7 A: _0 N+ H"I receive approximately $700 per month (in grants) to go to school," says Chadwick, 32. "So when $275 comes into the picture, it works out quite well."
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# c6 u" C6 k3 i8 H; N- [3 p8 K# _After spending time couch-surfing with friends, Chadwick says having a "defined space" is great, even if it isn't a proper bedroom.# k5 o3 [, u; o4 T/ U* J5 S" t9 Q
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Sharing a one-bedroom apartment is a common arrangement amongst Chinese students studying in Edmonton, says Li, who has been living in Canada for the past seven years. It's a big change for many of these students, he says.
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2 x& {4 ^% {6 b$ U+ p"The people who can afford to send their kids to Canada to study are quite rich," he says. "(Their) apartments in China are big."5 ~0 u0 `9 F) ?' S5 j" d
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Splitting the rent on a one-bedroom apartment, however, make things much easier for students with limited budgets.: | r+ B% m; ^' H- z
/ X9 B L) [; I+ L& f) V"I wouldn't say (it would be completely) unaffordable, but this way it's much more economical," he says.( T; S+ l, ]4 @
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SOMEONE IN THE BASEMENT TO HELP PAY THE MORTGAGE
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( D3 A% h) H4 KWhen 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.2 p4 M2 y; A1 ]
* K0 s; B/ ]0 m$ h! s$ l"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 $500 per month for the 750-square-foot suite. The money helps the couple pay down their mortgage more aggressively and provides a cushion in case either loses their job, says Crawshaw.
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3 p' ~ Q/ p$ R G' {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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" U2 f9 d+ b% w5 `7 ~6 a4 QThe 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.! D7 B4 g/ |5 q* n* u! S
9 f8 }- j9 b) L5 Y c5 x( f$ M O( i"It would be nice to have more space and to have another bathroom," she says.! b8 s1 [* U$ k* ]# h3 J7 N
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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."' ~% t$ V2 W1 Y; h" j
© The Edmonton Journal 2007 |
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