Economic Polarization In Toronto In The 21st Century

When a neighborhood is gentrified it will not only change the image of it, but also the services available there (Al-Kodmany 2011, 62-63). In other words, gentrification does not only have an impact on the physical aspect of the land, but also the resources that lie there. During the 90s, the Near West Side neighborhood located near Loop, an up-scale neighborhood, sought drastic changes within the area. The changes in racial demographics in the Near West Side indicated that the health risks that affected minorities dropped in the past decade (1992-2002) (Al-Kodmany 2011,

Throughout the last three decades, increasing numbers of Asians have migrated to Canada from all over the Asian continent. Currently, 44% of the Vancouver area population is of Asian descent (Statistics Canada, 2001). Immigrants commonly occupy skilled job positions that the host nation is unable to fill with its own citizens, and thus they offer many advantages to their receiving country. In a nation with a declining birthrate, such as Canada, their contribution can play a major role on multiple levels. The immigrants themselves often enjoy a greater earning potential than they did in their native country, which can be advantageous for those who wish to send money back home to support their families.

Identifying economic class goes beyond determining how much money a person makes; it is also defined by where a person lives. The lowest people on the economic scale are assumed to live in central cities; the middle-low income people live in the inner-ring suburbs, and the wealthiest live in the exclusive outer-ring suburbs. The authors point out that as one moves outward from the central city to the inner-ring to outer-ring suburbs incomes rise

Within the City of Toronto, there is a heavy concentration of social housing, in the form of both houses and buildings, in the space South of St. Clair Avenue, bordered by Jane St. to the West and Woodbine Avenue to the East. Within this space however, rather than being evenly spaced out, social housing developments are clustered within certain neighbourhoods, such as in and around Parkdale and between the neighbourhoods of Moss Park, Regent Park, and the Garden district. Outside of this space, generally speaking, social housing is placed further apart with some exceptional clusters, such as the 18th and (portions of) the 4th community housing units, as well as the Yonge-Eglinton area. In the peripheries of the city, social housing developments are mostly located along major arteries, and there are very few houses, as opposed to buildings.

The gentrification process can be seen through the demographic and physical changes of the South Parkdale neighborhood. Gentrification is “the invasion of working-class areas by the upper- and middle-classes, who upgrade shabby, modest housing into elegant residences, resulting in the displacement of all, or most of the original working-class occupiers”. (Lyons, 1996) South Parkdale is a neighborhood in downtown Toronto that faces problems of gentrification. This problem has been ongoing since the nineteen fifty’s’.

Canada 's housing market is at an all-time high, they are known in Vancouver for having the most expensive housing market. This expensive market is not just a Vancouver problem, it is an issue growing throughout the nation and is depriving the average citizen to be able to purchase a house in their lifetime. There is a major issue with the state of the market and how it affects the current citizens. Issues have been rising where the average wage in Vancouver is estimated at seventy-one thousand per family household, according to the Vancouver Sun (2014), yet the average costing home as reached between five hundred thousand in the municipality to over one million within Vancouver, according to articles by Beth Lindsay (2015) of the Vancouver Sun, and Troy Landereville (2015) of The Maple Ridge Times.

South Parkdale is looked at to be one of the most gentrifying areas within Toronto. Many people are wanting to live closer to the inner city becoming more attractive to those with money to make housing choice’s in the downtown core (Slater, 2003). They have taken advantage of the rush of real estate forcing a lot of people to be displaced. Queen’s Hotel in South Parkdale has caused a lot of gentrification driven displacement pushing property value up within Parkdale (Truong, 2013). Many long-time

Gentrification is a general term for the arrival of wealthier people in an existing urban, district a related increase in rents and property values and changes in district’s character and culture. Gentrification works by accretion which is gathering momentum like a snowball. Gentrification has been the cause of painful conflict in many American cities. America’s renewed interest in city life has put a premium on urban neighborhoods, some of which have been built since World War II. It tends to occur in districts with particular qualities that make them desirable and ripe for change. Word travels that an attractive neighborhood has been “discovered” and the pace of change accelerates rapidly. An increase in median income and a decline in the

“Gentrification” captures class disparities and injustices created by capitalist urban land markets and policies. This in turn can cause an increasing house expense encumbrance for low-income and working-class households, and the associated personal catastrophes of displacement, removal, and homelessness, are symptoms of a set of institutional arrangements (private property rights and a free market) that support the creation of urban environments to serve the needs of capital accumulation at the expense of the social needs of home, community, family. Displacement from home and neighbourhood can be a shattering experience. At worst it leads to homelessness, at best it impairs a sense of community. Public policy should, by general agreement,

In this area there was gangs and trap houses but now there were small businesses and higher income people who were moving in and changing the neighborhood. Gentrification has happened, is happening or will happen in the United States and it is inevitable due to the government supporting it and the power that money has in these regions. Although gentrification does have some pros, it also has some important cons; the first con is the hidden cost that comes with gentrification, the second con is the rents being raised which leads people to becoming homeless. This paper will show the history, effects, benefits, and solutions like putting limits to when and by how much the rent can be raised so that people don’t become homeless. This is not the right time for gentrification because levels of poverty are high and the amount of people in debt is too much for gentrification to occur at this

According to compelling research findings by Spatial Separation of the Poor in Canadian Cities “ Pockets of poverty for visible minorities exist in Canada side by side with upscale residential areas in cities with vibrant economies. “The age of extremes” (Massey 1996) may have arrived in Canadian cities (Fong & Shibuya, 2000, p. 457)”.

Many people grow up in families where they are told that homeownership is an important asset one should strive for. For the past year my sister and her husband have been trying to purchase their own home in the GTA, but it came to no surprise they struggled to find an affordable home. “Prices have ticked up every year since 1998 (with one exception: in the 2008 recession, they dropped briefly and only barely)” (National Post). Throughout the last couple years housing prices in Canada continue to rise, with the highest house prices found on the west coast in Vancouver, British Columbia. This report will mainly focus on the booming real estate markets in Vancouver and Toronto, exploring the existing problems and solutions.In 2015 and 2016, house

housing price is still expensive in Toronto. Even though the homeless works hard, they can

A majority of Canadians understand that prices have increased in many cities since the topic has been dominating media headlines. However, most do not exactly know the extent of how high and fast prices have climbed. From March 2016 to September 2017 the average price for a single-detached and semi-detached dwelling increased tremendously across the country. Victoria, BC surprisingly saw a 106% increase from $599,026 to $1,233,841. Within the same time of 18 months, Sudbury saw a 57% increase from $391,528 to $613,511. In addition, Vancouver increased by 49% and topped at $3,085,422 making them the most expensive place to live in the country. Kelowna, increased by 39%, Windsor 11%, and Toronto slightly at 5%. Toronto's housing market actually slowed down for this 18-month time frame, however, from earlier exponential increases the average price peaked at a record $1,851,256 (CMHC, 2017, p.150). Although much smaller increases, this is still considered extreme for how high the prices already were and since this occurred in only 18 months. Between 1994 the average cost of a house in Vancouver was $305,519 and by 2004 was $365,111. That is only a 19.5% increase but over a ten

Brampton is a deserve and vibrant city. It Brampton there are approximately of over 600,00 is the ninth largest city in Canada, the fourth largest in Ontario’s and the third largest in the greater Toronto are (GTA). Statistics show that there will be around 837,000 people by 2031. Brampton is known as a young city being around 35 years. is a multicultural city which consist of 209 distant ethnic backgrounds, and 89 different languages. Immigration is an endless growth of diversification in Brampton. Statics show, in 2011, forty-nine percent on Brampton’s population is Canadian born while the other fifty-one percent were foreign-born. This city is a foreign based population, over the past 50 years there were approximately 237,965 people who have immigrated into Brampton, Ontario. From 2006, to 2011 there were, fifty-three percent people who arrived from India, followed by seven percent Philippines and six percent Pakistani’s. Although, there are numerous religious affiliations in Brampton there are a few highly populated religions in this city. Statistics Canada, 2011 National household Survey shows fifty-one percent of Brampton’s population is Christian, likewise there is a nineteen population of Sikhs and twelve percent Hindus. Furthermore, there are ten percent non-religious affiliation, seven percent Muslims and one percent Buddhist in this city. Besides the top religious’ affiliations in Brampton, it is part of the top ten Canadian municipalities by total