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Creative Solutions: How'd they do it?- |& `( _1 o6 A2 I% n; y
Nothing says home like the living room couch
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7 I# f* ^# ^1 y' q6 g+ i9 k) I3 RAlexandra Zabjek& \( }4 Q, C# ^( y6 v' B7 G
The Edmonton Journal1 J. I* y" J% D3 m, N- M
, m( i, h# V& X/ j" P vSunday, May 20, 2007
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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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- Q0 Z% }/ x3 i. e4 I$ M gAt Steve Li's one-bedroom apartment near NAIT, the living room is a bedroom for his roommate, Bill Chadwick.8 z, y" ?4 ^7 Q6 w. R
" L( C* g4 O, C2 S0 `* GLi 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 $275 comes into the picture, it works out quite well."! i1 a& r% u8 y5 t4 T/ i9 _
T6 Y) x9 l6 v r9 L8 a4 e( aAfter spending time couch-surfing with friends, Chadwick says having a "defined space" is great, even if it isn't a proper bedroom.$ h& v" B* Y: [8 U5 A! J
6 o+ s' E7 g" `% Y, ^! M! V2 QSharing 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.: i6 ~ l- `* P
5 a& d; m4 T$ _/ w6 l' l. M"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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& E) v( u9 p+ Y4 L, {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.; Q- h( j' L$ K A) l) f
3 n, H2 P c% E. E. y0 LSOMEONE IN THE BASEMENT TO HELP PAY THE MORTGAGE7 p4 K& {% P$ F6 q% v8 d9 w
' ]9 t0 r/ ?: y' R; eWhen 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."# f5 I+ I: r9 i2 E( h" l
$ ?# L# ^( v. m9 v/ E* H, yTheir 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.1 T6 V8 Y9 [% X: u4 O1 B( E
& G1 P. H% H5 C; \* s+ DThe 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.& k3 z, \( T7 d9 I
& y9 a* A) k* ]8 s p, zThe 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.+ P: `, F5 u1 v/ c9 y: O- A
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"It would be nice to have more space and to have another bathroom," she says.
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( v0 t$ i8 n6 X/ A0 r"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."
/ }# ~: ]8 t) x# t+ T© The Edmonton Journal 2007 |
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