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Creative Solutions: How'd they do it?
- J; W1 C- i3 H4 h$ |Nothing says home like the living room couch
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[- \+ {7 H) l; \! kAlexandra Zabjek
$ O+ Q' p7 y" f* S; U4 ~The Edmonton Journal: i) s& E- m' w
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Sunday, May 20, 20074 I. w$ S; v$ K" M- M6 b
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( P$ l" k" r: vStudent 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 $275 per month to put his bed in the living room." i$ u: \0 v2 u5 m0 }
0 k2 a+ I# q% [. T+ e& {0 U$ |"I receive approximately $700 per month (in grants) to go to school," says Chadwick, 32. "So when $275 comes into the picture, it works out quite well."5 T% K5 c% ]( G- }1 | x
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After spending time couch-surfing with friends, Chadwick says having a "defined space" is great, even if it isn't a proper bedroom.
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Sharing a one-bedroom apartment is a common arrangement amongst Chinese students studying in Edmonton, says Li, who has been living in Canada for the past seven years. It's a big change for many of these students, he says.* S5 d0 h. n( ]: p {$ b
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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."8 V/ b! N8 ?4 d4 _' o
" S* X7 a1 S3 \0 S9 k! ~/ LSplitting the rent on a one-bedroom apartment, however, make things much easier for students with limited budgets.8 }5 e( }& B; V( g6 t( c) l
I0 T0 Y$ _3 p' c2 T+ o"I wouldn't say (it would be completely) unaffordable, but this way it's much more economical," he says.' u( Q8 j: J; C
6 R" u$ r( N7 MSOMEONE IN THE BASEMENT TO HELP PAY THE MORTGAGE' K: v* j& r6 F3 d- \) v5 L
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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.& e T7 P8 A7 L! g# q
+ o, k- y' N6 ?$ E$ E$ N"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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0 n+ M* L. M; BTheir tenant pays $500 per month for the 750-square-foot suite. The money helps the couple pay down their mortgage more aggressively and provides a cushion in case either loses their job, says Crawshaw. v7 n& h2 {, J. N
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The arrangement has worked out well, especially because the tenant was already living in the house when they moved in and has proved to be a "fantabulous" tenant who often spends time gardening in the yard or raking leaves, says Crawshaw, 25.
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0 ^/ W: S: o! s. y2 r# S' i& BThe downside, however, is the lack of space. The couple and their two cats share about 750-square-feet on the upper floor of the house.- }0 p0 K/ ?# e/ @' \
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"It would be nice to have more space and to have another bathroom," she says.( I p# ~' r2 n5 b; w6 C$ ^" w' @
+ @& A3 |) M3 Z, H& d6 Y. E"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."
4 j( z6 B- x5 K1 P- f8 n" H8 r3 k7 V7 B© The Edmonton Journal 2007 |
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