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Creative Solutions: How'd they do it?' t r* }8 ^/ [7 t% ~) T% i F$ S' T
Nothing says home like the living room couch
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Alexandra Zabjek
2 ^% a- K" D/ _- u4 K* ?The Edmonton Journal) v. x! [5 y5 B
: z* Y6 w+ k, C/ F( m$ W1 KSunday, May 20, 2007
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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.9 v: x; r" X2 ^( I; C" F
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At Steve Li's one-bedroom apartment near NAIT, the living room is a bedroom for his roommate, Bill Chadwick. D0 L; k! L i0 v1 T+ a2 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.
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"I receive approximately $700 per month (in grants) to go to school," says Chadwick, 32. "So when $275 comes into the picture, it works out quite well."5 [ g* ? m$ D) S& M9 b* g
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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.
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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.
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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."2 U. t, u3 ^) w4 P) N) U0 Y! ~
+ W4 h5 N8 b) i, c& z* a3 pSplitting 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.
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9 ~2 b" t9 a* a0 s5 bSOMEONE IN THE BASEMENT TO HELP PAY THE MORTGAGE
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, z4 {& j/ ` ?( H A& FWhen 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.3 |% k* }; p6 c# x, \0 U
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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 $500 per month for the 750-square-foot suite. The money helps the couple pay down their mortgage more aggressively and provides a cushion in case either loses their job, says Crawshaw.
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The arrangement has worked out well, especially because the tenant was already living in the house when they moved in and has proved to be a "fantabulous" tenant who often spends time gardening in the yard or raking leaves, says Crawshaw, 25.
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$ |# i+ f7 g9 C, p' A8 rThe 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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"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."
# U! F& O* u9 k© The Edmonton Journal 2007 |
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