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Creative Solutions: How'd they do it?' V4 z9 Y! @/ j8 h/ T; y; ?
Nothing says home like the living room couch% D4 c4 ?: E& W
2 h5 `5 j2 j5 Q( d5 I1 y1 cAlexandra Zabjek
+ X' p. c9 V3 q! a. M% Z3 bThe Edmonton Journal* E- K4 L, H4 c0 \# O
: `- H# T7 d* I2 A+ ?Sunday, 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.
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At Steve Li's one-bedroom apartment near NAIT, the living room is a bedroom for his roommate, Bill Chadwick.3 Q; D$ a1 N# s
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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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3 |4 W3 T7 U* j# L7 e"I receive approximately $700 per month (in grants) to go to school," says Chadwick, 32. "So when $275 comes into the picture, it works out quite well.") U; ]- @; {. P* e' _
2 E" a* A# [- U$ l+ p; f/ l6 bAfter spending time couch-surfing with friends, Chadwick says having a "defined space" is great, even if it isn't a proper bedroom./ T' M( B4 h( O' B: [* B
/ ?4 T+ B0 Z6 R( q2 ?4 lSharing 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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8 `; ^+ ~- r& `/ s& q"The people who can afford to send their kids to Canada to study are quite rich," he says. "(Their) apartments in China are big."1 ~; N5 w; G2 n% T5 ?& r! \1 \
% e |! T- l0 p; xSplitting the rent on a one-bedroom apartment, however, make things much easier for students with limited budgets.
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4 J* N4 |: Y/ X* g" t! I"I wouldn't say (it would be completely) unaffordable, but this way it's much more economical," he says.% T* R/ a; a; T, g8 [0 w* y; \; W0 y
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SOMEONE IN THE BASEMENT TO HELP PAY THE MORTGAGE6 B7 z& O0 J2 g/ l3 J( Q% P- W$ b
6 n* _, C# Z$ S' s4 c0 r3 ZWhen 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.+ K$ h, N( [" a
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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.
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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.* W0 I9 j9 i5 Y/ F' M: t% n
6 {+ Z e7 {8 d0 n" |7 ZThe 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./ N) ^8 G- z5 h0 P3 i9 b
4 Q% R# D1 |; w1 g+ H3 b( u. |"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."
- y. x) j T- r9 z% L& _& o© The Edmonton Journal 2007 |
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