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Creative Solutions: How'd they do it?
0 q- `8 f- N( S zNothing says home like the living room couch
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Alexandra Zabjek
$ k0 N2 y2 Z4 S* f. t1 |The Edmonton Journal
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Sunday, May 20, 2007' I. o+ F# n6 y9 I
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0 O3 U. T% X% J; Z6 p8 N0 CStudent 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.5 l$ }9 C# q' j
2 F8 Y/ P; T4 l# g1 R& K& X3 g: lAt Steve Li's one-bedroom apartment near NAIT, the living room is a bedroom for his roommate, Bill Chadwick.2 w1 U3 N2 }2 v' m7 s
4 C0 N$ }) t0 W Z% p6 JLi 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.; Y. U+ w% c! @
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"I receive approximately $700 per month (in grants) to go to school," says Chadwick, 32. "So when $275 comes into the picture, it works out quite well."$ t, n8 i7 k; t4 U9 @
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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.6 P- ?% M( f6 y8 t
: J' f. L4 D" G8 JSharing 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.! p; p7 p) i) t0 C" ?
: V. f1 H/ N% y" x5 F4 j6 U"The people who can afford to send their kids to Canada to study are quite rich," he says. "(Their) apartments in China are big."; e" b4 I6 b Q9 F9 v, w
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Splitting the rent on a one-bedroom apartment, however, make things much easier for students with limited budgets.: e% \$ q. \9 H
- r3 d8 {/ j G7 Y' n) N"I wouldn't say (it would be completely) unaffordable, but this way it's much more economical," he says.
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% T* q5 c' {' J9 hSOMEONE IN THE BASEMENT TO HELP PAY THE MORTGAGE' H3 `2 V9 i. Q
. j( n2 l: B d9 r( ]$ tWhen 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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4 C# x* W/ b& n9 a& N% L/ D3 n; a"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."* v0 V& K6 k! Y/ Q0 ^
- ^0 M! q K9 X! j+ ZTheir tenant pays $500 per month for the 750-square-foot suite. The money helps the couple pay down their mortgage more aggressively and provides a cushion in case either loses their job, says Crawshaw.& W( b. s% Z1 W1 ]7 Z5 q
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The arrangement has worked out well, especially because the tenant was already living in the house when they moved in and has proved to be a "fantabulous" tenant who often spends time gardening in the yard or raking leaves, says Crawshaw, 25.
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The downside, however, is the lack of space. The couple and their two cats share about 750-square-feet on the upper floor of the house.0 X8 w+ C* Y, z/ G1 z4 T2 g
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"It would be nice to have more space and to have another bathroom," she says.
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2 t5 K) ?$ l$ t: 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.". J; P6 ?% [0 ?* t& W
© The Edmonton Journal 2007 |
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