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Creative Solutions: How'd they do it?, R7 B, v2 v' `7 G3 ]
Nothing says home like the living room couch' Q5 f& ? N" @
0 S0 O' B7 T% }8 T0 cAlexandra Zabjek
Z# X4 k/ V$ g7 PThe Edmonton Journal* J; F: g( Z8 [0 s* _, B# C4 |! \
2 [% s' u7 j$ ~- Y( H5 U( {Sunday, May 20, 2007. [$ `+ j3 m$ K8 t$ T/ P7 T
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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.
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) z Q5 ? j% _2 p8 IAt 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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' W% b/ x" t6 ^8 r"I receive approximately $700 per month (in grants) to go to school," says Chadwick, 32. "So when $275 comes into the picture, it works out quite well."( H: A* N; I7 G
3 y% j5 q2 L3 F- }8 yAfter spending time couch-surfing with friends, Chadwick says having a "defined space" is great, even if it isn't a proper bedroom." G. X7 ]# L3 O# L; W {# O4 o
9 z4 {/ B+ [3 {% A) a/ V9 ]Sharing a one-bedroom apartment is a common arrangement amongst Chinese students studying in Edmonton, says Li, who has been living in Canada for the past seven years. It's a big change for many of these students, he says. ~' _( `3 K/ g' G3 z0 Y; M" ? h
, H8 q/ ~$ N, n' w$ v"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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' q. R( V8 P0 ^1 r+ n5 BSplitting the rent on a one-bedroom apartment, however, make things much easier for students with limited budgets./ S, D% j+ H4 K1 ~- \' S6 f2 I
# e9 J) ? H6 A; n$ k5 B"I wouldn't say (it would be completely) unaffordable, but this way it's much more economical," he says.& T, L: L, i0 i4 O' Z
. O+ Q; _% I. z u4 V' LSOMEONE IN THE BASEMENT TO HELP PAY THE MORTGAGE
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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.
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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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Their tenant pays $500 per month for the 750-square-foot suite. The money helps the couple pay down their mortgage more aggressively and provides a cushion in case either loses their job, says Crawshaw.. `4 f! H/ i+ Z1 f n$ b
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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, 25.1 S1 l- I/ q# m
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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.9 b( `& o/ v) L8 H. Z$ w
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"It would be nice to have more space and to have another bathroom," she says.
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/ k9 d! `" s" f"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."# V% e+ x$ T1 j' K8 O8 Z
© The Edmonton Journal 2007 |
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