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Creative Solutions: How'd they do it?
& Z3 f( F- Y# I9 bNothing says home like the living room couch
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! l& [5 r" u$ O6 J* n& K" RAlexandra Zabjek
8 R" \# z( S- k6 _4 {5 t9 kThe Edmonton Journal
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% b6 }3 ]8 Z: d5 t* qSunday, May 20, 2007
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8 i0 ~" \; F* GStudent 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.4 U, l2 ]6 E4 k
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At Steve Li's one-bedroom apartment near NAIT, the living room is a bedroom for his roommate, Bill Chadwick.
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7 Y* n& t, V0 l* N! F. m0 tLi 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 $275 comes into the picture, it works out quite well."; g \2 P/ z8 Y4 N4 f) n6 b8 H
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After spending time couch-surfing with friends, Chadwick says having a "defined space" is great, even if it isn't a proper bedroom.
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Sharing a one-bedroom apartment is a common arrangement amongst Chinese students studying in Edmonton, says Li, who has been living in Canada for the past seven years. It's a big change for many of these students, he says.0 v6 r8 Z3 F0 ^' S- W% [
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"The people who can afford to send their kids to Canada to study are quite rich," he says. "(Their) apartments in China are big."* Q$ u5 H' D8 Z8 v3 Z
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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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"I wouldn't say (it would be completely) unaffordable, but this way it's much more economical," he says." @9 H: p j5 U. J0 K
0 I/ k6 h2 o4 x* n) V" x" [SOMEONE IN THE BASEMENT TO HELP PAY THE MORTGAGE! I! s8 Y# b: C7 Y# C/ ?* g! e
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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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"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."; z6 D) w6 H0 M- @ i
% K3 X! g! W& K, t* P/ \Their tenant pays $500 per month for the 750-square-foot suite. The money helps the couple pay down their mortgage more aggressively and provides a cushion in case either loses their job, says Crawshaw.
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The arrangement has worked out well, especially because the tenant was already living in the house when they moved in and has proved to be a "fantabulous" tenant who often spends time gardening in the yard or raking leaves, says Crawshaw, 25.6 |) `4 E6 k: e( u# y
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The downside, however, is the lack of space. The couple and their two cats share about 750-square-feet on the upper floor of the house.7 X3 ] e$ V! B: ~. ~
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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."
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