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Creative Solutions: How'd they do it?, j/ Y) R. C% p
Nothing says home like the living room couch# x7 c: ?$ l0 ~, h9 u) B
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Alexandra Zabjek
1 F4 ], g4 H- v: }! uThe Edmonton Journal
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, i' M- R7 u. a& CSunday, May 20, 20073 t# e' @9 M6 Z1 k
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# b7 e! O7 b# P3 SStudent 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.+ H$ Y( q" e9 q1 V. ]; a' v; ^ K3 e
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At Steve Li's one-bedroom apartment near NAIT, the living room is a bedroom for his roommate, Bill Chadwick., j! ^9 u" J' }7 \' B
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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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3 b! j4 b; x* q2 K: j"I receive approximately $700 per month (in grants) to go to school," says Chadwick, 32. "So when $275 comes into the picture, it works out quite well."
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4 T2 n1 Q: g. ~) H( V6 G) VAfter spending time couch-surfing with friends, Chadwick says having a "defined space" is great, even if it isn't a proper bedroom.
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Sharing a one-bedroom apartment is a common arrangement amongst Chinese students studying in Edmonton, says Li, who has been living in Canada for the past seven years. It's a big change for many of these students, he says.0 @. N- e# }" p# P4 ^
! m% B, F/ V( z# e6 d$ I' A"The people who can afford to send their kids to Canada to study are quite rich," he says. "(Their) apartments in China are big."4 p- H2 z0 S8 k3 S) F6 h
, {5 G! u" C. J, P/ n# GSplitting the rent on a one-bedroom apartment, however, make things much easier for students with limited budgets.
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3 x6 K E" G, u6 S& m! s* _' l"I wouldn't say (it would be completely) unaffordable, but this way it's much more economical," he says.
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4 {# U, U# S( p X* @" N" hSOMEONE IN THE BASEMENT TO HELP PAY THE MORTGAGE
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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.6 Q* w% N t+ v( J4 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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( k" t( n* q6 u& c4 Z( p2 Y2 UTheir tenant pays $500 per month for the 750-square-foot suite. The money helps the couple pay down their mortgage more aggressively and provides a cushion in case either loses their job, says Crawshaw.8 e/ @5 e! L Q: b% B
2 h2 w2 A" f$ B6 O# eThe 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.! j2 J- N: G/ H7 f; `- n
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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."
/ h( h1 U7 Z6 O7 K9 Z* }+ B0 c& z© The Edmonton Journal 2007 |
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