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Creative Solutions: How'd they do it?
& n' L( B; l* s2 lNothing says home like the living room couch; \+ Z0 p; ^# |/ i' X
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Alexandra Zabjek+ [) C' j w+ N* c% z; o
The Edmonton Journal& f+ y: G+ u6 j3 G+ ^
& P& @+ h; y1 J) H8 dSunday, May 20, 2007
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! G2 e$ k: @+ x) N8 _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.
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% T$ X7 t }9 {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.% ?8 V2 u2 h: h( A. c# C' R# ]
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"I receive approximately $700 per month (in grants) to go to school," says Chadwick, 32. "So when $275 comes into the picture, it works out quite well."( {' r$ `: I/ t f
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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.* D: O, W$ }$ ~- A4 |
$ o6 B: U% I/ ~) G) C8 HSharing 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.0 Z- ?' w$ J/ @7 Y, N0 ^
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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."
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Splitting the rent on a one-bedroom apartment, however, make things much easier for students with limited budgets. s! C: z' L( g% a+ _4 s
' m! s! ~& Y" Q- p; h, K3 d0 e"I wouldn't say (it would be completely) unaffordable, but this way it's much more economical," he says.& S, @' O0 s* D2 H& {5 l2 v& y
P: x$ f1 p% {5 f# `6 ASOMEONE IN THE BASEMENT TO HELP PAY THE MORTGAGE
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1 u7 s/ b! h- C6 ]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.. d& b2 W. U" H" O
) p; [" u5 U. q( P+ H"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."' r# o2 v; o5 ?2 J9 }* ?6 K
# ]. n0 j- d( K ETheir tenant pays $500 per month for the 750-square-foot suite. The money helps the couple pay down their mortgage more aggressively and provides a cushion in case either loses their job, says Crawshaw.
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The arrangement has worked out well, especially because the tenant was already living in the house when they moved in and has proved to be a "fantabulous" tenant who often spends time gardening in the yard or raking leaves, says Crawshaw, 25.0 I1 z$ l4 j6 a$ C0 ]2 J* s
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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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# k% ~, W* G& V, _0 G( ?& S"It would be nice to have more space and to have another bathroom," she says.5 c/ T+ e3 R: D$ z
. {* O8 Z/ K7 J. _9 @7 Z. K"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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