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Creative Solutions: How'd they do it?6 r" ?% j. A1 K7 ]) m$ P4 O$ L
Nothing says home like the living room couch
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Alexandra Zabjek
* z; @* H6 ^% NThe Edmonton Journal8 L- w! u8 G$ x9 n" i
' t! [% A3 `! S. t6 FSunday, May 20, 2007: |7 ]8 I; ?) E, ?, s/ O" ~
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7 z& t: A/ e. sStudent 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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3 `3 i. `$ q( x9 z vLi 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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"I receive approximately $700 per month (in grants) to go to school," says Chadwick, 32. "So when $275 comes into the picture, it works out quite well."
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2 R2 e6 T( N# ]; f, ZAfter spending time couch-surfing with friends, Chadwick says having a "defined space" is great, even if it isn't a proper bedroom.$ J" B( Z4 A1 z7 ?/ n3 f4 b
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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.& z. l$ O) f- F/ y/ ^2 l9 O: x5 }2 L
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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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Splitting the rent on a one-bedroom apartment, however, make things much easier for students with limited budgets.* V4 y( Z1 A+ H1 w9 M1 M2 i
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"I wouldn't say (it would be completely) unaffordable, but this way it's much more economical," he says.
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5 U G4 g/ \1 _SOMEONE IN THE BASEMENT TO HELP PAY THE MORTGAGE# f* H3 y4 J5 ]' n5 h. t y) V7 `- N
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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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"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."& r+ `0 @, R* G" T; N
7 W' p" f' t3 I+ @Their tenant pays $500 per month for the 750-square-foot suite. The money helps the couple pay down their mortgage more aggressively and provides a cushion in case either loses their job, says Crawshaw.) L0 H. y" b0 ?1 u& m/ @
+ E: H. E" {+ qThe arrangement has worked out well, especially because the tenant was already living in the house when they moved in and has proved to be a "fantabulous" tenant who often spends time gardening in the yard or raking leaves, says Crawshaw, 25.
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, f* ]) D! w/ v0 H. MThe downside, however, is the lack of space. The couple and their two cats share about 750-square-feet on the upper floor of the house.9 s$ }1 J' r. n( |
3 q2 d' S" O0 [& p/ X/ z6 e5 O: `"It would be nice to have more space and to have another bathroom," she says.
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& ?, ^0 g" x( e# G"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 H$ J: K. t6 R% F6 J4 K+ D
© The Edmonton Journal 2007 |
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