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Creative Solutions: How'd they do it?
1 X+ V# A& @7 D# Y0 j! s; t7 U8 Z( bNothing says home like the living room couch
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6 |* Y+ s+ U7 `3 n5 `/ j6 l4 _6 BAlexandra Zabjek: Y/ u7 r$ W# A: H8 I, L' N, w3 d
The Edmonton Journal
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Sunday, May 20, 2007
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6 ]9 e( G) N, ?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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: M; G) O: U# `$ ]. V0 SAt Steve Li's one-bedroom apartment near NAIT, the living room is a bedroom for his roommate, Bill Chadwick.8 G+ \$ o1 b2 C2 d/ A1 G! m J- G, u
+ i8 z9 d+ k% K; F' }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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"I receive approximately $700 per month (in grants) to go to school," says Chadwick, 32. "So when $275 comes into the picture, it works out quite well."7 K$ e# \6 D \& ]. ]/ b
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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.
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& i/ w" X# s5 B- kSharing 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.$ J9 U- y% F" z4 R9 r3 Z/ b
, ?1 s" z" Y u: T/ R4 w"The people who can afford to send their kids to Canada to study are quite rich," he says. "(Their) apartments in China are big."/ Z9 z0 e1 o5 @( A5 g9 j8 ]5 ]* _
6 T+ |# o2 f+ T: `5 m6 J8 y1 t% wSplitting 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.
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' Y- L4 h- A) @- N* V/ e0 k% B' xSOMEONE 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."9 w; J E3 n! q$ u
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Their tenant pays $500 per month for the 750-square-foot suite. The money helps the couple pay down their mortgage more aggressively and provides a cushion in case either loses their job, says Crawshaw.; s+ A4 v% R! g# u, [
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The arrangement has worked out well, especially because the tenant was already living in the house when they moved in and has proved to be a "fantabulous" tenant who often spends time gardening in the yard or raking leaves, says Crawshaw, 25.
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9 w/ |6 Z+ q- HThe downside, however, is the lack of space. The couple and their two cats share about 750-square-feet on the upper floor of the house.
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"It would be nice to have more space and to have another bathroom," she says.
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% W7 R4 D) L" B- B9 f/ K' k"But it does work out quite well. I don't regret it. But I don't want to do it for more than five years -- I don't think that anyone does."7 s3 W$ W* n: Y9 D4 H; f* F
© The Edmonton Journal 2007 |
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