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Creative Solutions: How'd they do it?
( W% x& b) h6 a) fNothing says home like the living room couch
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, G% ` O+ R) jAlexandra Zabjek8 V1 q9 D4 a# E/ D2 U
The Edmonton Journal
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Sunday, May 20, 2007
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9 r& u" G. F; x% QStudent 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.0 ]6 J0 `% R1 v' s% O# [1 T$ h+ X
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At Steve Li's one-bedroom apartment near NAIT, the living room is a bedroom for his roommate, Bill Chadwick.7 u$ o4 Z% D7 B9 O4 c* j2 K2 A+ x4 m
9 c& @. H# m1 K" p' ~4 qLi 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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2 J% ]# C1 k+ r; o2 f"I receive approximately $700 per month (in grants) to go to school," says Chadwick, 32. "So when $275 comes into the picture, it works out quite well."
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After spending time couch-surfing with friends, Chadwick says having a "defined space" is great, even if it isn't a proper bedroom.: Q# T$ ^! K( @
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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.' N! `" G% G/ u5 H* i
$ [1 L* \ j4 [0 r" H"The people who can afford to send their kids to Canada to study are quite rich," he says. "(Their) apartments in China are big."% v! c% J9 G2 N) o4 y. B
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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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"I wouldn't say (it would be completely) unaffordable, but this way it's much more economical," he says.! P7 c% z$ ?' _7 h/ K, {
( U; `+ ~3 \' M+ B2 xSOMEONE IN THE BASEMENT TO HELP PAY THE MORTGAGE ]' t: z' N8 W4 O. K
" u3 t% Z) z. q qWhen 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."# c2 k% H+ X. @& p2 H* k2 \
) l* m! g2 d; c4 X2 X2 aTheir tenant pays $500 per month for the 750-square-foot suite. The money helps the couple pay down their mortgage more aggressively and provides a cushion in case either loses their job, says Crawshaw., K+ H" ^0 B4 v' ?
6 ^: X$ E% K& Y* X8 N, uThe 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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/ n9 g0 ^- u' A7 }: f! X. d; 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.! V" E: c. K' B! k; A. H7 K
# P& H$ j9 \+ X2 f"It would be nice to have more space and to have another bathroom," she says.# j- l3 G3 w" R6 g; g
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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."
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