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Creative Solutions: How'd they do it?. W1 o5 v6 |* y
Nothing says home like the living room couch: a; e5 ]2 V3 w: ]" j: ~
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Alexandra Zabjek" C* g2 O9 T7 D% Z6 D
The Edmonton Journal
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Sunday, May 20, 2007
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1 W* R3 s+ y9 @3 `/ 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.( G" a! g/ k3 k5 `9 _
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At Steve Li's one-bedroom apartment near NAIT, the living room is a bedroom for his roommate, Bill Chadwick.8 j# [' L$ p6 ?( Y0 g
/ C0 `4 p0 u; W9 b# t' _7 P! R! OLi 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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+ _! u5 M7 }* V3 _+ x# G7 l+ L7 O"I receive approximately $700 per month (in grants) to go to school," says Chadwick, 32. "So when $275 comes into the picture, it works out quite well."* a8 U. i- ]# M' u# O
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After spending time couch-surfing with friends, Chadwick says having a "defined space" is great, even if it isn't a proper bedroom.
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" M$ m1 R# {- Y+ O; Q( Z3 N3 T: `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., X& _- W; ?0 Z! O( e: E
; {" B2 u2 O" ~0 f- Z2 \) i7 D"The people who can afford to send their kids to Canada to study are quite rich," he says. "(Their) apartments in China are big."6 {5 `7 A8 ?, }9 }
/ Q6 }: N- W! ^" t" PSplitting the rent on a one-bedroom apartment, however, make things much easier for students with limited budgets.: A) w5 H/ s7 b
, o+ d- `' g: `& ^3 O8 ^6 u2 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 MORTGAGE8 w) N% K' E) V2 R- E) Q8 F: w: f
$ o2 a& u7 y( y9 @" [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."# h+ e' c7 `$ U3 \4 s8 h
3 _* q% N: f5 ]7 {( F2 BTheir tenant pays $500 per month for the 750-square-foot suite. The money helps the couple pay down their mortgage more aggressively and provides a cushion in case either loses their job, says Crawshaw.5 ~% _' k7 [7 n8 t. Z M
. o7 i5 C$ N5 J8 SThe 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.% m( Y8 ~7 T5 O: y
' k2 e6 l8 d* y, r4 u5 i+ [7 t2 |8 B- S; QThe 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.2 E5 Z' H- U3 H: N2 ]* ~0 {: s+ c
/ @- L( T2 K3 K"It would be nice to have more space and to have another bathroom," she says.
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5 a0 n; N J) ^, Y, k: i& x"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."/ q5 ]% e8 m A. {- c4 }: u
© The Edmonton Journal 2007 |
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