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Creative Solutions: How'd they do it?
8 j# }* E2 }( z& d/ CNothing says home like the living room couch
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8 A& _! [+ y' A0 Z; o6 v C+ tAlexandra Zabjek
3 [% N' r: F% nThe Edmonton Journal8 r3 F9 A0 y: O0 J* z Q
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Sunday, May 20, 20077 l Q3 l4 r/ A. o
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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.% m$ U" Y+ [( T, m$ k: ^" g1 b
6 s$ Z' d! }8 {8 h) Y5 N3 MAt Steve Li's one-bedroom apartment near NAIT, the living room is a bedroom for his roommate, Bill Chadwick.
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" G$ P, ? Z# n9 ]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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/ [) L: u4 n# ~& I" O! m& b3 n3 v, t- L"I receive approximately $700 per month (in grants) to go to school," says Chadwick, 32. "So when $275 comes into the picture, it works out quite well."
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; v$ ~: D# S# d6 |4 z0 E! CAfter spending time couch-surfing with friends, Chadwick says having a "defined space" is great, even if it isn't a proper bedroom.$ k o8 \, M" M+ I
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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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"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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6 @( x4 p) U& }! E' l, j% vSplitting the rent on a one-bedroom apartment, however, make things much easier for students with limited budgets.0 Q) ~/ [) v: s- j# }1 h9 l$ Y
9 C% K! X+ S+ ]: v1 X"I wouldn't say (it would be completely) unaffordable, but this way it's much more economical," he says.
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/ A) E/ N( W; X K$ lSOMEONE 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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* o% a( D- V, f9 r* R( M: U; o"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."; e; d7 s2 l7 |) P" g% d: _: g
w- l0 p: |* ]0 J+ A: H0 f& l5 bTheir tenant pays $500 per month for the 750-square-foot suite. The money helps the couple pay down their mortgage more aggressively and provides a cushion in case either loses their job, says Crawshaw.% K8 S1 k: y: [( M3 s6 _+ E
2 C' b6 U2 h. W* Q9 ]. X( X2 `1 K: aThe arrangement has worked out well, especially because the tenant was already living in the house when they moved in and has proved to be a "fantabulous" tenant who often spends time gardening in the yard or raking leaves, says Crawshaw, 25.& B' u8 Y9 j" X
% V( W( |8 i$ N0 \7 T) P/ I+ [# x& SThe 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.7 ]6 B) Q# e6 Z( y" y* Z
D1 s3 p3 ?9 I. Y$ n& E8 S/ ["It would be nice to have more space and to have another bathroom," she says. P! H1 G. S: R, ~9 O: B2 m( P
7 D% j- T$ k2 D) K& k0 Q7 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."6 b9 ~- M) m8 f5 ^2 p# t- B
© The Edmonton Journal 2007 |
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