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Creative Solutions: How'd they do it?
" F+ J! l% h' Z8 D, Y# I6 B0 f$ GNothing says home like the living room couch
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8 b4 w' M c7 y, p+ l9 ?- U' q AAlexandra Zabjek G- l. G; i6 u
The Edmonton Journal
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Sunday, May 20, 2007, k6 O' r# s# w, F$ f6 P; y
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& J4 s: z5 m5 x8 q* H/ x5 \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.3 L2 Q+ H/ j. v7 O8 _; X4 b
1 `' ^8 T$ q, n nAt Steve Li's one-bedroom apartment near NAIT, the living room is a bedroom for his roommate, Bill Chadwick.( R2 s2 b9 P" B0 P& r4 e
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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.) ?4 H4 A4 J0 S8 U L* H' Z% R- Q
8 h# i) p1 L7 W- O9 S3 ^! Q, c- W"I receive approximately $700 per month (in grants) to go to school," says Chadwick, 32. "So when $275 comes into the picture, it works out quite well."
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2 G" _2 W6 b z3 I( o( FAfter spending time couch-surfing with friends, Chadwick says having a "defined space" is great, even if it isn't a proper bedroom.
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! O6 O% z7 y9 L1 r: [; G8 lSharing a one-bedroom apartment is a common arrangement amongst Chinese students studying in Edmonton, says Li, who has been living in Canada for the past seven years. It's a big change for many of these students, he says.
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"The people who can afford to send their kids to Canada to study are quite rich," he says. "(Their) apartments in China are big."8 V9 v% q, t3 l$ \. g/ K
4 h ~% k7 j: ]$ n) N" H3 F+ v* s6 @Splitting the rent on a one-bedroom apartment, however, make things much easier for students with limited budgets.5 p- p; H- c+ Z1 ]
; I; ~7 R z# K8 W7 I3 l+ Y"I wouldn't say (it would be completely) unaffordable, but this way it's much more economical," he says.& z, x, C8 Q8 t5 ~& f
9 O' p7 f: M& q, BSOMEONE 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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. x1 J4 M9 H/ [/ eTheir tenant pays $500 per month for the 750-square-foot suite. The money helps the couple pay down their mortgage more aggressively and provides a cushion in case either loses their job, says Crawshaw.
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The arrangement has worked out well, especially because the tenant was already living in the house when they moved in and has proved to be a "fantabulous" tenant who often spends time gardening in the yard or raking leaves, says Crawshaw, 25.: a! }1 l9 P- _; r8 }9 [
9 F/ O5 Z# M$ H+ K; r4 {: Q: B( b UThe 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.% S$ Q( v' R* a* Y0 _
- d5 z1 P8 k; F" t1 R7 ^0 M1 `"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."
; T0 L9 e L5 ?* G, L© The Edmonton Journal 2007 |
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