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Creative Solutions: How'd they do it?# `# A. s, s& ~0 c8 Z( H! q* G" _! J5 p% i
Nothing says home like the living room couch
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Alexandra Zabjek
0 o: s/ s! P; v( L* N9 x" SThe Edmonton Journal
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$ |0 `+ @3 j2 R' qSunday, 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.5 Q0 o; K' A( h9 ^4 [
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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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5 q# U. f4 E, z2 |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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4 X8 C C9 K; M! X7 V"I receive approximately $700 per month (in grants) to go to school," says Chadwick, 32. "So when $275 comes into the picture, it works out quite well."# u. O# X* ^% H" o( i
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After spending time couch-surfing with friends, Chadwick says having a "defined space" is great, even if it isn't a proper bedroom.1 t1 l, t- _1 Y1 W. `; d
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Sharing a one-bedroom apartment is a common arrangement amongst Chinese students studying in Edmonton, says Li, who has been living in Canada for the past seven years. It's a big change for many of these students, he says.# [; g, W& O7 H$ L6 c
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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.
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"I wouldn't say (it would be completely) unaffordable, but this way it's much more economical," he says.- Z) l: W: x, ]) k
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SOMEONE IN THE BASEMENT TO HELP PAY THE MORTGAGE/ ~1 ]# Z* i! ~; |6 Y
W! v/ l L! F3 pWhen 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 c/ S s2 {& o
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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.", [9 ]9 U0 _/ I) r) j$ F4 V0 T
9 H+ C/ N$ f% F w7 M! b0 \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.
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; H* m9 `* {( M. e& 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., u* F( T! e% {# W& ~3 @( R
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"It would be nice to have more space and to have another bathroom," she says.
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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."
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