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Creative Solutions: How'd they do it?" I9 B E) o- _! F! i$ t# d$ Y
Nothing says home like the living room couch& m9 V' Q G ^! k0 K$ z' e
7 a5 r1 {$ e# j4 t7 yAlexandra Zabjek( c0 f' Z' {4 K8 E; m3 Q' k
The Edmonton Journal- o0 W) u# n% A
( T D' G& p& N- f* CSunday, May 20, 2007+ @# e, y3 H* ~9 e8 Y! w2 |
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! T. t( ^! C3 e, qStudent 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 b$ q6 T" @9 T3 C* J! Z3 r
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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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Li and Chadwick, both students, split the $600 rent almost evenly -- Li gets the bedroom for $325 per month, while Chadwick pays $275 per month to put his bed in the living room.( {" e, i$ R1 X( G; P
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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."- X) ~6 c) z. ^4 N( E/ V: s
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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.) {. j+ h( S; @9 y/ I+ |
& {; j: _# Q: ]" iSharing 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." O/ |2 e8 B! z' N
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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.* d: W1 S( p% x3 r3 @
( D6 Q( \( |% @/ q0 jSOMEONE IN THE BASEMENT TO HELP PAY THE MORTGAGE
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# }/ f( t; M+ q2 T* |/ J% FWhen 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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8 k; ^2 a- l& [0 O7 c$ k5 G- t o"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.. {' o% L E3 i2 ?4 N2 e
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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, 25.5 Y8 v: x8 @# J3 g2 Y
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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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# `: i& T, V+ a- ]5 i* m' N0 Y+ [& m"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."& D, `: @; h% h/ M4 s5 V! J
© The Edmonton Journal 2007 |
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