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Creative Solutions: How'd they do it?
% y$ Q2 b5 j9 H: ?) jNothing says home like the living room couch" z/ {' g& i, o: t1 k! o# S' T
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Alexandra Zabjek
, e/ S& d( c7 LThe Edmonton Journal
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Sunday, May 20, 2007+ Q, l6 f( I2 @+ v
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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.8 x+ q4 F" W0 k6 u
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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 $275 per month to put his bed in the living room.$ X1 w/ r x' d2 t- J2 v
3 ~- c( D$ D9 u0 H9 h. E"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.
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: j+ M7 A( k- f5 wSharing 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.. L x) Q5 C" \, c0 {
' L2 g( ]! Y8 q2 t( w6 T* J"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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% h' K6 F) M! fSplitting the rent on a one-bedroom apartment, however, make things much easier for students with limited budgets.) i1 p' P' `7 E5 G* V( X# T7 Z4 x g
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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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6 {7 v( i/ x3 X0 L+ g" [3 R. uSOMEONE IN THE BASEMENT TO HELP PAY THE MORTGAGE
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/ l9 V. Z7 E* N8 i0 \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.": a2 z& I; ~# _& C7 J K H
: c% _8 J- L6 B1 M6 a4 H+ J: R( uTheir tenant pays $500 per month for the 750-square-foot suite. The money helps the couple pay down their mortgage more aggressively and provides a cushion in case either loses their job, says Crawshaw.
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7 Z4 J* b0 @/ C4 L3 x& IThe arrangement has worked out well, especially because the tenant was already living in the house when they moved in and has proved to be a "fantabulous" tenant who often spends time gardening in the yard or raking leaves, says Crawshaw, 25.
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7 P" D! K( |; f$ F1 u5 @. KThe 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.' f& ^/ g, ^4 b4 ~# p7 T- @- `+ m
f3 W" c$ ~$ U"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."/ i" h' L0 ~0 L# l1 n
© The Edmonton Journal 2007 |
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