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Creative Solutions: How'd they do it?! l7 ]& V2 {; B: R
Nothing says home like the living room couch
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Alexandra Zabjek
2 V( c4 |# ]2 @* I& ]& X p4 CThe Edmonton Journal! t4 A/ Y* G( u
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Sunday, May 20, 2007
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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.4 l# A% Q) E+ F" U
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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.
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( P( T! e, F7 y( y- u"I receive approximately $700 per month (in grants) to go to school," says Chadwick, 32. "So when $275 comes into the picture, it works out quite well."
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' f5 E6 L$ u# C! m7 d7 HAfter spending time couch-surfing with friends, Chadwick says having a "defined space" is great, even if it isn't a proper bedroom.7 _/ a1 Q j4 X
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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." [8 p u/ H2 f" d9 f
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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."& m0 J7 k0 b7 y8 X* {' u
/ Z. m( F- A5 ^" U" R( aSplitting the rent on a one-bedroom apartment, however, make things much easier for students with limited budgets.) ?9 `: S4 g& c. ~2 p4 i* F2 @
4 w# S. @3 F0 R4 D+ ^# A2 q"I wouldn't say (it would be completely) unaffordable, but this way it's much more economical," he says.; c5 p/ f3 _# l) Z: u
5 J, A' T) g, T* Y1 v; t& ?, MSOMEONE IN THE BASEMENT TO HELP PAY THE MORTGAGE. G( L$ ^( d$ j) X7 Z; M' L( R/ L; |* U
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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., P% z0 i& ^. ~ c$ N
: }$ W& \& C& X* ]8 V# Q0 T"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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1 a% [* B; D) a5 A3 R, N4 C# wTheir tenant pays $500 per month for the 750-square-foot suite. The money helps the couple pay down their mortgage more aggressively and provides a cushion in case either loses their job, says Crawshaw.6 c( r, f; x/ x h$ U Q$ r3 J$ N& ?5 j
: S( `- \$ T% U: W7 d6 a$ mThe 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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+ D" h/ s+ b9 o. C2 h4 s U5 K"It would be nice to have more space and to have another bathroom," she says.7 n% t! l. ~" l% D' l8 Q
: e7 C, k9 E& o B4 A' T"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."* P- k. A( ]( W/ h+ k
© The Edmonton Journal 2007 |
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