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Creative Solutions: How'd they do it?
+ }# e g$ n# X0 v/ P: _7 p1 r2 ANothing says home like the living room couch
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; Y% A) t- h& @3 ^0 [ x8 b# GAlexandra Zabjek. H3 L- B/ J6 f* A; \4 {
The Edmonton Journal) o I) r' @$ T' S# l! ~. G# I
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Sunday, May 20, 20071 K: @% n9 u. `$ |6 n' R
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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.
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At Steve Li's one-bedroom apartment near NAIT, the living room is a bedroom for his roommate, Bill Chadwick.; B4 i; J" R) t I2 |5 N
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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.5 w' @8 ?7 g P4 X+ [
: J/ f p* O1 i9 l0 J: U"I receive approximately $700 per month (in grants) to go to school," says Chadwick, 32. "So when $275 comes into the picture, it works out quite well."6 q3 i* M. z; i. A' N
) [+ P* E g$ P, p! k; ~# JAfter spending time couch-surfing with friends, Chadwick says having a "defined space" is great, even if it isn't a proper bedroom.% `0 Z& c: }5 l7 z+ ]( Z
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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.4 q e; D; ? Q+ x% i) a3 Z
, J0 R4 W4 E; p"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.. ^7 D% z% E+ L* X$ Q! d4 M$ q; t
# L& T- @% q3 z, L, L$ j- x* Q7 q"I wouldn't say (it would be completely) unaffordable, but this way it's much more economical," he says.
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8 E4 K2 h4 J4 u! h$ CSOMEONE IN THE BASEMENT TO HELP PAY THE MORTGAGE9 }$ Z4 a1 t5 [$ v
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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.5 z- @2 y: s& I5 m
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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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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.4 L6 t& L/ q! k* z! z
$ K! z1 z, v! ?0 ?7 mThe 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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7 Q- K+ k: z! o- x9 d"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."- J' F- h& Q! y: \
© The Edmonton Journal 2007 |
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