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Creative Solutions: How'd they do it?
% p: E& ^; d5 X' _2 F1 ZNothing says home like the living room couch' b4 A i. ^# i: f# V M- ]& J; u
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Alexandra Zabjek
- W0 _- R$ k4 \# _# d$ aThe Edmonton Journal
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Sunday, May 20, 20070 v( A2 C0 T4 p* c7 V" S+ c# X" P+ f
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4 d F2 r* q6 L# hStudent 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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. V. w4 z9 `3 zAt Steve Li's one-bedroom apartment near NAIT, the living room is a bedroom for his roommate, Bill Chadwick. A1 j) b* a9 t p4 p
. y5 J: S% U! p0 \: _( p+ dLi and Chadwick, both students, split the $600 rent almost evenly -- Li gets the bedroom for $325 per month, while Chadwick pays $275 per month to put his bed in the living room.- x3 V/ ~ Z$ G' h# p8 h A
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"I receive approximately $700 per month (in grants) to go to school," says Chadwick, 32. "So when $275 comes into the picture, it works out quite well.": K1 Z( \. N# l" K, r3 U; @
0 v3 k5 [9 l0 s. I+ zAfter spending time couch-surfing with friends, Chadwick says having a "defined space" is great, even if it isn't a proper bedroom.
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Sharing a one-bedroom apartment is a common arrangement amongst Chinese students studying in Edmonton, says Li, who has been living in Canada for the past seven years. It's a big change for many of these students, he says.9 b% ^9 B# a$ q) I( |6 F2 E" h7 k, r
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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.") Q; I+ W1 ? n1 k3 Y+ y9 [
, m$ h/ h/ x: S4 s% ~Splitting the rent on a one-bedroom apartment, however, make things much easier for students with limited budgets.
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, K4 G. \# y3 y! q( r"I wouldn't say (it would be completely) unaffordable, but this way it's much more economical," he says.
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2 e( P+ L4 K/ U1 iSOMEONE IN THE BASEMENT TO HELP PAY THE MORTGAGE
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; u/ k0 z- ~: k7 U0 \& ]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.' ]2 i4 K& f9 c3 n) F9 ~
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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."0 Q# h& r4 p; Y# @8 `2 S( B+ ^
( u+ ]' G. q. I: t7 V% F1 v" l0 }. vTheir tenant pays $500 per month for the 750-square-foot suite. The money helps the couple pay down their mortgage more aggressively and provides a cushion in case either loses their job, says Crawshaw.
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' U2 Y% j9 b( N$ oThe 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.
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4 {$ w2 \2 }3 c0 L' k! J"It would be nice to have more space and to have another bathroom," she says.
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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."
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