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Creative Solutions: How'd they do it?* S z( w9 q x. H) ?# F8 a" n
Nothing says home like the living room couch
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Alexandra Zabjek# k% [( \* i, y- |2 E
The Edmonton Journal
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9 {- s: X9 J3 OSunday, May 20, 20078 n+ n% E) E0 @9 P# A' L) @: |6 e
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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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* p9 |( n. `* EAt Steve Li's one-bedroom apartment near NAIT, the living room is a bedroom for his roommate, Bill Chadwick.. o0 V" E$ l+ D5 X- \( N! B, S/ h
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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 $275 comes into the picture, it works out quite well."( F' ? X) d) b5 K* M9 ?
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After spending time couch-surfing with friends, Chadwick says having a "defined space" is great, even if it isn't a proper bedroom.# J' i* t$ l4 m! Z( c z6 @
- _, j( i. W4 ]7 S" K" ]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.+ g3 @' w* @- ~4 W: ~: |
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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."- i% d0 \* k7 e1 |8 O
1 H- b' |3 R4 sSplitting the rent on a one-bedroom apartment, however, make things much easier for students with limited budgets.9 S( n, } X' ~! B& }3 X
" l5 ?$ L& L4 K* P, ]"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 MORTGAGE4 I! e* B' S$ d# s. ^% @
/ Y3 j1 k+ A8 n V* @7 aWhen 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.0 E6 z# q& c5 |" U _1 s c) v
- {3 d' u- |, u9 V$ X, O6 z: c9 J"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."6 _* P* N+ `( A8 V# R6 N% [
! L& s! g8 p: ?! 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.4 t+ k5 h# r( V5 A, y! O% z
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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.- D2 z/ U) j9 k% J9 G% B3 G- M( f
: [2 R- X' i+ `8 f* i0 lThe 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.! W8 H, N3 k" j" T5 l: d* D. m
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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."% p! X! l; C0 s1 E1 k# q k
© The Edmonton Journal 2007 |
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