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Creative Solutions: How'd they do it?0 ?/ X' S6 u7 y- |
Nothing says home like the living room couch. |. h3 i6 f! x$ p G1 x1 E+ H4 P
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Alexandra Zabjek
% S4 p: M1 e2 f- @& g/ t' uThe Edmonton Journal6 H' `2 `( [: i# i
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Sunday, May 20, 20070 O. R; u; G8 x; r6 Z( z
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! c' i9 g9 h# `# Z6 W$ K, Y7 PStudent 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.
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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.. L6 [- j4 W& c8 u9 J9 ~7 U
" ?# ^1 N& v9 u: h6 V/ K: l8 H"I receive approximately $700 per month (in grants) to go to school," says Chadwick, 32. "So when $275 comes into the picture, it works out quite well."( g( U- o" g: Z5 L+ l+ k. p
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After spending time couch-surfing with friends, Chadwick says having a "defined space" is great, even if it isn't a proper bedroom.9 _1 d. @5 g! w- J% z
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Sharing a one-bedroom apartment is a common arrangement amongst Chinese students studying in Edmonton, says Li, who has been living in Canada for the past seven years. It's a big change for many of these students, he says.: t* j* D' z0 p. k0 E
% a( p. }1 v) E/ a- L) z"The people who can afford to send their kids to Canada to study are quite rich," he says. "(Their) apartments in China are big."
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Splitting the rent on a one-bedroom apartment, however, make things much easier for students with limited budgets.
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* P6 f$ W {, I( N G/ S3 W"I wouldn't say (it would be completely) unaffordable, but this way it's much more economical," he says.+ |- C4 \- }( H6 V k( t/ x
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SOMEONE IN THE BASEMENT TO HELP PAY THE MORTGAGE, {4 @8 q6 t) b) X& v6 j9 ]
6 U* v: R1 I2 ]' ~; ~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., u! \4 o0 u9 e& o. M* E, e6 G
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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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6 ~6 F0 o- z$ ?8 ITheir 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., z) z+ u6 A0 f
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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.
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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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"It would be nice to have more space and to have another bathroom," she says.
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2 |- s9 X3 C1 f% K- v; O"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."
+ `' d% G: L7 z* o: j2 X© The Edmonton Journal 2007 |
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