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Creative Solutions: How'd they do it?
, X& P7 P9 I" xNothing says home like the living room couch
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Alexandra Zabjek
% X2 a; k! n k: D0 N9 GThe Edmonton Journal
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( c% r3 r$ [% n& GSunday, May 20, 2007& M+ A: S, ?/ z% }4 G# n
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8 o! p9 i x% _1 F! E9 ~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./ P: I# B1 Y: r4 d
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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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$ }/ z# I- d$ D: V8 yLi and Chadwick, both students, split the $600 rent almost evenly -- Li gets the bedroom for $325 per month, while Chadwick pays $275 per month to put his bed in the living room." \3 s V4 g4 ~' A; r: `
3 Q$ Q5 Q) Q# h6 C# T2 h* T7 Z"I receive approximately $700 per month (in grants) to go to school," says Chadwick, 32. "So when $275 comes into the picture, it works out quite well."
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After spending time couch-surfing with friends, Chadwick says having a "defined space" is great, even if it isn't a proper bedroom.; D5 U2 N s. s$ h& j3 `( s
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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.3 l3 D# r- }8 Y
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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."2 s1 `* P1 o: Y
) i6 Z0 T+ O: DSplitting the rent on a one-bedroom apartment, however, make things much easier for students with limited budgets.7 {1 v3 s6 \( h! T n
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"I wouldn't say (it would be completely) unaffordable, but this way it's much more economical," he says.: L8 x0 ^$ q: `
% S5 A$ ^/ ^: ~$ NSOMEONE IN THE BASEMENT TO HELP PAY THE MORTGAGE
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. B/ D& I' {. f% A0 C& d3 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.: s$ u% B. B6 W7 _. K7 c9 u$ t% u
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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."& [: @& |4 ^' @
/ x3 J+ S" s; N) X+ n3 q2 FTheir tenant pays $500 per month for the 750-square-foot suite. The money helps the couple pay down their mortgage more aggressively and provides a cushion in case either loses their job, says Crawshaw.8 S5 q6 p% c& U: _. {+ D/ h6 a
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The arrangement has worked out well, especially because the tenant was already living in the house when they moved in and has proved to be a "fantabulous" tenant who often spends time gardening in the yard or raking leaves, says Crawshaw, 25.
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The downside, however, is the lack of space. The couple and their two cats share about 750-square-feet on the upper floor of the house.
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4 }! O! h- ~' z7 g2 x- k"It would be nice to have more space and to have another bathroom," she says.6 c1 @6 ^5 \9 I! {2 N
8 A M! }0 [- X4 e; C5 S8 j"But it does work out quite well. I don't regret it. But I don't want to do it for more than five years -- I don't think that anyone does."# f( l; R( m$ m ~
© The Edmonton Journal 2007 |
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