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Creative Solutions: How'd they do it?
& ]& X/ V$ Z0 u" D- hNothing says home like the living room couch
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Alexandra Zabjek" w5 @2 K* j$ ?3 h
The Edmonton Journal, R5 R, Z- M! f! y' p! F
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Sunday, May 20, 2007
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1 G7 w2 }" R! v8 X. LStudent 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.8 k% `( s. m: d. p( ]
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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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# d5 ~. H! w0 {: I. nLi 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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"I receive approximately $700 per month (in grants) to go to school," says Chadwick, 32. "So when $275 comes into the picture, it works out quite well."
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After spending time couch-surfing with friends, Chadwick says having a "defined space" is great, even if it isn't a proper bedroom.5 d! }& V0 K% l: X+ d. u2 }
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Sharing a one-bedroom apartment is a common arrangement amongst Chinese students studying in Edmonton, says Li, who has been living in Canada for the past seven years. It's a big change for many of these students, he says.6 x. U& i% E5 h6 p! T
" {) `5 H6 a' J2 `9 e"The people who can afford to send their kids to Canada to study are quite rich," he says. "(Their) apartments in China are big."3 b* b& a P/ A/ b6 W. {2 m1 A
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Splitting the rent on a one-bedroom apartment, however, make things much easier for students with limited budgets./ q* s! U) u5 W9 i( \9 }- z
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"I wouldn't say (it would be completely) unaffordable, but this way it's much more economical," he says.
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SOMEONE IN THE BASEMENT TO HELP PAY THE MORTGAGE) K0 f5 S7 Z& S$ j* j) Q1 I! ?
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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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Their tenant pays $500 per month for the 750-square-foot suite. The money helps the couple pay down their mortgage more aggressively and provides a cushion in case either loses their job, says Crawshaw.* H% j8 V$ e5 \1 p9 ?' k5 J' h
4 P) P% a5 s& r0 _3 H' ^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. J) E& x4 s4 o' Q. v2 ]1 b* r
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"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."
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