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Creative Solutions: How'd they do it?: h& D) }/ v! R4 A
Nothing says home like the living room couch
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Alexandra Zabjek
, G- w, d- N, `2 Y) w0 WThe Edmonton Journal
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7 ]$ y3 f6 m5 Q" @+ @5 g3 WSunday, May 20, 2007. Q% n- w- F# H% b4 A
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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.# W' I+ `) E* H0 y% {# O8 z9 m
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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.5 L0 t1 Y5 `& `& |# V
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"I receive approximately $700 per month (in grants) to go to school," says Chadwick, 32. "So when $275 comes into the picture, it works out quite well."
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9 q! x( x) g0 n$ qAfter 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.
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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." j0 k7 i/ I9 C
_$ h ]- O/ X$ R/ b, SSplitting the rent on a one-bedroom apartment, however, make things much easier for students with limited budgets.
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) D2 J" l7 j7 g0 g6 I; }! I8 ?"I wouldn't say (it would be completely) unaffordable, but this way it's much more economical," he says.9 }" v p' c! J2 @
) |: a) P6 Y9 @7 F1 B3 s& H7 ~SOMEONE IN THE BASEMENT TO HELP PAY THE MORTGAGE& M4 o. E0 u! V8 A) T- ~
3 a/ A# {' i) X( J1 D$ s% NWhen 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.9 v/ X: F- D( ^* \7 {* D) \
* v. f/ a+ Q6 p5 m/ i8 g"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."2 ]5 H" ^3 ?' C Z. [
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Their tenant pays $500 per month for the 750-square-foot suite. The money helps the couple pay down their mortgage more aggressively and provides a cushion in case either loses their job, says Crawshaw.
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The arrangement has worked out well, especially because the tenant was already living in the house when they moved in and has proved to be a "fantabulous" tenant who often spends time gardening in the yard or raking leaves, says Crawshaw, 25.5 e( K$ G4 y6 _, c% H- g. D
- I+ O, A7 C) ]! L% S! rThe 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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; I& d; q5 i$ ^- W j. ~% ^"It would be nice to have more space and to have another bathroom," she says.
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0 A: s. x. L- Z& Q* V1 }+ X' h"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.") x3 o6 k @8 l7 B# k: w. B
© The Edmonton Journal 2007 |
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