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Creative Solutions: How'd they do it?
: Z; k! I0 T8 o- P2 u4 R1 sNothing says home like the living room couch
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Alexandra Zabjek
) q& i' L6 _3 {/ pThe Edmonton Journal
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# L+ a9 @+ n @1 z* ~6 {Sunday, May 20, 2007 C/ u, M& Y- N7 f- W2 c! [
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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.7 I% m9 o3 S$ D* l- F3 V
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At Steve Li's one-bedroom apartment near NAIT, the living room is a bedroom for his roommate, Bill Chadwick.$ @4 }9 ^' V# P q2 p$ W7 ?1 H
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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 $275 per month to put his bed in the living room.! e2 w& W+ U6 ~$ b4 B3 d! L
& o6 f! G+ T6 O8 m5 A+ ?# c"I receive approximately $700 per month (in grants) to go to school," says Chadwick, 32. "So when $275 comes into the picture, it works out quite well."
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8 Y# W% x6 ]: Q, m0 B" nAfter spending time couch-surfing with friends, Chadwick says having a "defined space" is great, even if it isn't a proper bedroom.; ~. t4 d8 h: q* a) h- Z
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Sharing a one-bedroom apartment is a common arrangement amongst Chinese students studying in Edmonton, says Li, who has been living in Canada for the past seven years. It's a big change for many of these students, he says.# ~7 p" I p0 B5 _( M
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"The people who can afford to send their kids to Canada to study are quite rich," he says. "(Their) apartments in China are big." W l1 @ G d/ A. O0 j
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Splitting the rent on a one-bedroom apartment, however, make things much easier for students with limited budgets.
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) p1 [; x* T$ K% D- A% F"I wouldn't say (it would be completely) unaffordable, but this way it's much more economical," he says.5 ]: F6 q2 Y5 D5 I9 _
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SOMEONE IN THE BASEMENT TO HELP PAY THE MORTGAGE+ h Y3 z$ `3 n ?( ?6 u; M2 ?: Z! X
" _. e o! ~' S9 R. T- P. kWhen 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.' n; S9 Y: l9 Y- p+ ]" g
* L5 v) F, p" O& Q+ X: J"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 w/ a' Y$ n9 \* U2 ?
9 e7 ]) S1 A" `) q4 K2 S# Z1 pTheir tenant pays $500 per month for the 750-square-foot suite. The money helps the couple pay down their mortgage more aggressively and provides a cushion in case either loses their job, says Crawshaw.8 v# J3 @$ N7 I2 q3 E
: [+ D% W7 \. }7 BThe 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. X. z6 q. L. I9 i& j8 T
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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.2 g. c9 q' k, w6 G9 ^ U; j' i3 @
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"It would be nice to have more space and to have another bathroom," she says.3 C4 K, k5 h3 Y3 n
( Q/ W8 p2 P- r+ @. R2 X% m"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."% y% R& @" |" t. u0 S0 A! s
© The Edmonton Journal 2007 |
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