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Creative Solutions: How'd they do it?
- B3 `" S g2 B1 |Nothing says home like the living room couch) j: o, t3 \9 w2 A
8 ] @) i- ~* } Z1 j+ ]- ~2 [' q5 yAlexandra Zabjek8 O5 x$ R6 D) n
The Edmonton Journal
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Sunday, May 20, 2007
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5 d! v* k5 i- W6 a9 p/ }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.4 @( [" r) _" g! |) M
/ y& `% X% u- x/ F& A9 K) y7 rAt Steve Li's one-bedroom apartment near NAIT, the living room is a bedroom for his roommate, Bill Chadwick.* g) Z6 Z- T+ @# T
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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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, Z& w: X D! `7 ^& f2 b2 v"I receive approximately $700 per month (in grants) to go to school," says Chadwick, 32. "So when $275 comes into the picture, it works out quite well."& E" s+ K% ~0 U& D! w% n" s
6 q7 T5 _4 @! H: U6 d4 Y* AAfter spending time couch-surfing with friends, Chadwick says having a "defined space" is great, even if it isn't a proper bedroom.
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# S; D% Y. X2 P1 gSharing a one-bedroom apartment is a common arrangement amongst Chinese students studying in Edmonton, says Li, who has been living in Canada for the past seven years. It's a big change for many of these students, he says.
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& o$ \, X# |" `"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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{; t# Z1 o! }4 x/ O6 ^"I wouldn't say (it would be completely) unaffordable, but this way it's much more economical," he says.
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1 d, b: Y! h+ zSOMEONE IN THE BASEMENT TO HELP PAY THE MORTGAGE+ a, x6 D6 x9 ] n- e6 z- z7 n
1 G+ x' ^9 L7 ~" _( ?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.0 M+ i' S: G+ Y, `
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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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" ?, d& Q! F$ w. \: x" dTheir tenant pays $500 per month for the 750-square-foot suite. The money helps the couple pay down their mortgage more aggressively and provides a cushion in case either loses their job, says Crawshaw.
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The arrangement has worked out well, especially because the tenant was already living in the house when they moved in and has proved to be a "fantabulous" tenant who often spends time gardening in the yard or raking leaves, says Crawshaw, 25.
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7 y9 K5 ^- N3 D6 U1 CThe downside, however, is the lack of space. The couple and their two cats share about 750-square-feet on the upper floor of the house.: }! \$ m5 g$ d, K1 r
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"It would be nice to have more space and to have another bathroom," she says.
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# s0 j! y( `* c x% 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."
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