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Creative Solutions: How'd they do it?- D. D9 ~% S1 e7 \
Nothing says home like the living room couch
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Alexandra Zabjek7 G2 F5 n! [6 I
The Edmonton Journal7 U$ s6 L( {( U2 |
( A- M, {4 V' a `' b' A( NSunday, May 20, 2007* }1 L! ]0 {3 q# c# k
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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.$ `. k4 o! V r) K
# `' p. ]3 ]: H3 a+ U8 N7 fAt Steve Li's one-bedroom apartment near NAIT, the living room is a bedroom for his roommate, Bill Chadwick.- A0 _& l" ^, N' i: t. `, c, \
h# X. u B8 K5 U% L7 G( a0 DLi 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.* c: M- c1 s& W n+ h8 _( n" J
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"I receive approximately $700 per month (in grants) to go to school," says Chadwick, 32. "So when $275 comes into the picture, it works out quite well."
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! c9 H$ b$ v! U/ P7 [0 bAfter 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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6 \2 x$ Y! L& USharing 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.& L9 \% E- W* ?5 `; r! }: D
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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."; X$ @$ B1 ?/ J6 \7 t- |2 P
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Splitting the rent on a one-bedroom apartment, however, make things much easier for students with limited budgets./ ~0 x3 h/ n) \
( ^% l; h( i' q"I wouldn't say (it would be completely) unaffordable, but this way it's much more economical," he says.4 [6 j+ G2 s- E/ U; T
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SOMEONE IN THE BASEMENT TO HELP PAY THE MORTGAGE
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c& s2 o3 V" \* `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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1 N- u, H4 c- t' I"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."" |# d( Z- D( [
- g* `5 }; q8 S! XTheir tenant pays $500 per month for the 750-square-foot suite. The money helps the couple pay down their mortgage more aggressively and provides a cushion in case either loses their job, says Crawshaw.
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# \/ Y1 w6 j3 x; n/ V, m: m2 pThe arrangement has worked out well, especially because the tenant was already living in the house when they moved in and has proved to be a "fantabulous" tenant who often spends time gardening in the yard or raking leaves, says Crawshaw, 25. \4 `# u- v) U# K$ A X( D
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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. l5 C: d: p! P, A
4 e0 `( j3 ]4 q9 z"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."
& ~; O& Q$ ^9 k/ d© The Edmonton Journal 2007 |
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