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Creative Solutions: How'd they do it?0 [" F" U6 X, z7 j7 t7 _4 K& Q! r
Nothing says home like the living room couch3 A& D! x" t- t) @& Y/ L% m5 D
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Alexandra Zabjek2 e1 D- P H9 q
The Edmonton Journal
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; `+ B9 V# x$ o3 eSunday, 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.* r8 r% c9 Q5 u m- p
' t" U" F% l; q- O k7 Y8 g" jAt Steve Li's one-bedroom apartment near NAIT, the living room is a bedroom for his roommate, Bill Chadwick.+ u. g2 R) D2 \% \" u
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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 $275 per month to put his bed in the living room.
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0 F: v; P$ O, p. l7 O"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."6 e- s4 P1 O# }) X- W9 v
: F' R. r/ [8 c A" {7 I' T; v: NAfter 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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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.& K' }, H8 ?5 Q+ z) n
7 n8 _% C- \# h+ b& [4 q5 K"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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8 P% N# x% D. rSplitting the rent on a one-bedroom apartment, however, make things much easier for students with limited budgets.& i I0 }( _- |% F/ o+ R+ P* K
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"I wouldn't say (it would be completely) unaffordable, but this way it's much more economical," he says.3 [0 g9 P( R+ L+ ]1 K4 n4 M. D4 m: B
8 K+ A/ v5 l5 O( C0 DSOMEONE 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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3 F8 [/ Y9 Q. s! i- G, JTheir tenant pays $500 per month for the 750-square-foot suite. The money helps the couple pay down their mortgage more aggressively and provides a cushion in case either loses their job, says Crawshaw.9 C. U# u. \" w$ `
. f! f; X* R) c+ j+ FThe 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, 25.6 N; D. u) ]' f' y$ h
. b2 X: X0 P$ \, e4 d( M! y7 k# `1 mThe 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.0 d3 h' {+ \& I
( p n" a7 k! }8 I* J1 Z# @"It would be nice to have more space and to have another bathroom," she says.# l0 H8 u6 s, x
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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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