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Creative Solutions: How'd they do it?
' b& O9 x! V9 P2 M1 \! oNothing says home like the living room couch
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) ^2 ^ L/ S1 ~! N0 C8 QAlexandra Zabjek& {0 Z# E; l9 F$ x$ j9 R5 H
The Edmonton Journal
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Sunday, May 20, 2007
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/ u2 D! t4 Z- Z4 TStudent 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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9 }( g4 f0 i3 F, vAt Steve Li's one-bedroom apartment near NAIT, the living room is a bedroom for his roommate, Bill Chadwick.. L$ s* G: ~, q5 o4 O" b. r' N! }
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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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. K2 w% a: q, x+ Y5 L"I receive approximately $700 per month (in grants) to go to school," says Chadwick, 32. "So when $275 comes into the picture, it works out quite well."" x& }+ l+ l9 I
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After spending time couch-surfing with friends, Chadwick says having a "defined space" is great, even if it isn't a proper bedroom.) W- j3 n6 M* ^$ y; x- O; k
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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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" ^8 ?9 ~; m% u0 ["The people who can afford to send their kids to Canada to study are quite rich," he says. "(Their) apartments in China are big."4 O7 A9 I j* x! O& k+ s F+ D: v
1 I- |" ~& H, u# KSplitting the rent on a one-bedroom apartment, however, make things much easier for students with limited budgets.
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"I wouldn't say (it would be completely) unaffordable, but this way it's much more economical," he says.) S# B+ k7 K! G9 X! R
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SOMEONE IN THE BASEMENT TO HELP PAY THE MORTGAGE! T2 M; G6 [7 a1 @# _* ?
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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.8 D* Q4 E* o6 u& y/ s. ]. E! _& g
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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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3 e; e0 O1 F4 r6 t$ Y0 K W" aTheir tenant pays $500 per month for the 750-square-foot suite. The money helps the couple pay down their mortgage more aggressively and provides a cushion in case either loses their job, says Crawshaw.
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' O' j J; |: h- F) cThe arrangement has worked out well, especially because the tenant was already living in the house when they moved in and has proved to be a "fantabulous" tenant who often spends time gardening in the yard or raking leaves, says Crawshaw, 25.- l" U8 w# @0 A
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The downside, however, is the lack of space. The couple and their two cats share about 750-square-feet on the upper floor of the house.; E$ X- y! _; Y* Y' r5 Z% u1 x
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"It would be nice to have more space and to have another bathroom," she says." n* W8 ?, b5 t; u$ W' E) [2 X
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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."7 d7 Q* r) r( v
© The Edmonton Journal 2007 |
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