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Creative Solutions: How'd they do it?* R' Y4 I$ q: r; Z+ X
Nothing says home like the living room couch
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" S+ A8 ]3 n1 X- BAlexandra Zabjek- b$ |+ I* O2 Z! Z. |- [
The Edmonton Journal2 }6 F) ?8 Y- s. s
( Z; \1 }6 u. [Sunday, May 20, 2007 T- }3 C J. h( c- t5 |
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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.
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At Steve Li's one-bedroom apartment near NAIT, the living room is a bedroom for his roommate, Bill Chadwick.4 h% [+ a( Q# V K. g C) d
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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.+ a: J. ?- I& i. }3 c
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"I receive approximately $700 per month (in grants) to go to school," says Chadwick, 32. "So when $275 comes into the picture, it works out quite well."
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2 Z9 K, k9 H( l! GAfter spending time couch-surfing with friends, Chadwick says having a "defined space" is great, even if it isn't a proper bedroom.' c1 J2 X3 u7 W9 y9 b& d
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Sharing a one-bedroom apartment is a common arrangement amongst Chinese students studying in Edmonton, says Li, who has been living in Canada for the past seven years. It's a big change for many of these students, he says.
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; s9 p6 Z' r" @+ }$ j" D! B"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.
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) g" [9 @5 Z5 J0 V"I wouldn't say (it would be completely) unaffordable, but this way it's much more economical," he says.% @! S& \( {7 \5 w* O
. D8 r' i7 Y9 O! q7 k) d$ }; i& OSOMEONE IN THE BASEMENT TO HELP PAY THE MORTGAGE* B* w8 j! P, Q4 \/ @9 W# C" }
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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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1 A) {3 G2 _6 x V"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.". Y* f. Y) @9 s4 L, F
7 \4 D. C/ [9 R2 X1 |Their tenant pays $500 per month for the 750-square-foot suite. The money helps the couple pay down their mortgage more aggressively and provides a cushion in case either loses their job, says Crawshaw.& X! [: L: J# i7 n$ _
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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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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." q t4 L# r1 B7 m. s
% L+ d3 ]+ s7 u1 j* {" T1 A"It would be nice to have more space and to have another bathroom," she says.. O7 g& A6 d! {9 O
- {: `8 H7 J4 Z! I$ c+ o. w"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.", k. @5 B& ~: b
© The Edmonton Journal 2007 |
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