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Creative Solutions: How'd they do it?9 K' ^4 d4 E7 g+ o8 x+ o$ ?% q
Nothing says home like the living room couch# B. R$ e0 [. H( a
1 {, c, T6 M4 M6 r* x) eAlexandra Zabjek4 q1 t- ?/ X0 |- Q4 g' ~. I
The Edmonton Journal
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0 R; U: u6 H+ H5 R, a9 sSunday, May 20, 2007" u/ t( Z$ m; J0 s( I
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/ R* d+ H: F2 w7 l/ d! V0 @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.
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0 t. e- M7 x3 PLi 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.: ~: O! I k( G+ g B9 e1 t0 p
) w) N: C2 U; _"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."8 e3 C7 a2 o, d
/ M. j' h+ s5 [ w0 \) F3 ~/ pAfter spending time couch-surfing with friends, Chadwick says having a "defined space" is great, even if it isn't a proper bedroom.2 n' q- ?+ Q! I8 q
( H7 a8 v! A8 ?: zSharing 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." k) f7 H$ x8 e. m& [6 A' C) 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."
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* C! x% |1 e1 p# n5 w7 ASplitting the rent on a one-bedroom apartment, however, make things much easier for students with limited budgets.0 n( s& S! z( A& S, v0 U5 l
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"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 MORTGAGE6 _" L# v0 H/ @# C& s, g
1 f( D1 r S, E/ H3 c8 r) DWhen 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.* A3 ]: ~" a& P7 Y
- K/ ?( r- E4 A/ i6 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."* H/ d6 G. M% p3 I
7 B0 r! Z' E! o: _7 C6 dTheir 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 b7 u8 \: B1 s9 `6 U& W% ?
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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.9 C+ T/ M- }4 t5 T) l
4 a3 c6 h% u2 j& |! E/ |6 E"It would be nice to have more space and to have another bathroom," she says.
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/ V- G% I+ U. g' n. M8 e2 k"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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