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Creative Solutions: How'd they do it?/ z$ B6 T) g! K1 T6 o" Q
Nothing says home like the living room couch
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* o3 a& j& m! ZAlexandra Zabjek: E- {9 S4 ^' a7 A9 V
The Edmonton Journal+ N" K: t% D& S' N8 o
; `4 j" C. ~. O& PSunday, May 20, 2007
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2 A4 N( X/ ?* N b+ YStudent 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.9 b+ {7 [7 ~5 e) R+ b5 T% O; |
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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 $275 per month to put his bed in the living room.0 M ^5 Q% ?" ?& h+ S
2 D& f1 A4 U+ |, S# W/ q$ E' ["I receive approximately $700 per month (in grants) to go to school," says Chadwick, 32. "So when $275 comes into the picture, it works out quite well."
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& K& x$ d6 ~) D' u7 M1 HAfter 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.' v3 `5 w6 x; }6 H$ S
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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.+ i" i! V- f* k+ c0 e/ a5 ^
' d" h2 w' s9 m, k"I wouldn't say (it would be completely) unaffordable, but this way it's much more economical," he says.
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+ r+ J" I4 t% W2 [+ h. y! X. XSOMEONE IN THE BASEMENT TO HELP PAY THE MORTGAGE5 n3 X' z. O [# `0 y
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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.0 x8 G9 ~ n4 |3 j; _: K
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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."
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& J# W4 N z( _' p* a: eTheir tenant pays $500 per month for the 750-square-foot suite. The money helps the couple pay down their mortgage more aggressively and provides a cushion in case either loses their job, says Crawshaw.
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The arrangement has worked out well, especially because the tenant was already living in the house when they moved in and has proved to be a "fantabulous" tenant who often spends time gardening in the yard or raking leaves, says Crawshaw, 25.8 r, P& M6 N! o/ S! N, I1 _
% J7 k" [% N- ?4 z' A. MThe downside, however, is the lack of space. The couple and their two cats share about 750-square-feet on the upper floor of the house.( I8 z5 U0 n! j$ ?/ G- d
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"It would be nice to have more space and to have another bathroom," she says.
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9 K1 E' h8 B) f$ `( z: s"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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