This paper will argue how Canada's housing market is at an all time high, we 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 through out the nation and is depriving the average citizen to be able to purchase a house in there life time. There is a major issue with the state of our market and how it effects out current citizens. Issues have been arising where the average wage in Vancouver is estimated at seventy seven thousand per family house hold, yet the average costing home as reached between five hundred thousand in the
Ultimately, the impact of gentrification on the Downtown Eastside will be most felt by its current low-income residents. It is understood that the complexity of the issues found in the Downtown Eastside does not allow for an easy fix. The extent to which gentrification’s impacts have been and will be felt by those living in the area are and will be great, respectively. While gentrification may bring diversity to Vancouver, it is at the expense of the many disadvantaged residents of the Downtown Eastside who will be
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’.
Gentrification has disadvantages on housing but may lead to healthier outcomes for the residents. The Department of Health surveyed the community’s smoking, diet and physical activity, which are risks factors for a variety of health problems like high blood pressure. It was concluded that Washington Heights had 12% smokers, which is lower than New York’s average. However, 31% of community members consume multiple drinks with high sugar content on a daily basis and are less likely to perform physical activity. The rate of stroke hospitalization, is higher in Washington Heights than City rates. Healthcare providers as well as the system needs to target these trends as well as making health care more access to the community. The Affordable Health
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
In 2016 Mercury News listed San Francisco as the third most expensive place to live in the country. Also in the top ten (number five) was the San Jose, Sunnyvale, and Santa Clara area in the South Bay. The numbers helped to validate what our group believes, that it is very expensive to live here. We chose to consider the problem of the high cost of living in the Bay Area and how it has affected the area. Part of the reason that the housing in the Bay Area has become more expensive is an influx of highly paid employees. As one of the main hubs for tech jobs in the world, the Bay Area attracts small startups to huge companies such as Google. Mercury News reported that the average wage in Santa Clara County is 59% above the national average
There are many who suggest the solution to the decline of the suburbs is to urbanize the area by densifying and overall making the suburbs more similar to a city. Laura Vaughan argues that the development of a spatial layout similar to that of a city would help the suburbs to become more efficient socially and economically. However, this approach directly contrasts the purpose of the suburbs, which was originally meant to provide a private, quiet environment for single family homes away from loud and busy city life. In his book, “Sprawl: A Compact History,” Robert Bruegmann explains that suburbia is not a bad thing but possesses “benefits that urban planners fail to recognize” and is a natural process of the growth of urbanism. While the suburban landscape does possess much potential, those who support the continued existence of the suburbs as they exist are naive and fail to recognize the environmental, social, and economical impact that the suburbs impose. The suburbs possess many social and political issues that need to be addressed. There is no doubt that there is massive potential in the suburban
Some developers may wish to gentrify the area, realizing the potential for luxury housing close to the water and downtown core. The gentrification process would mean creating housing for the upper and middle class citizens while displacing low-income residents (City of Victoria, 2014). Another possibility for Rock Bay is that the First Nations community would buy the land after remediation and partner with developers to establish a commercial industry (Wilson & Dedyna, 2015). Additionally, the local government has proposed Rock Bay as one of the potential sites for a sewage treatment center in Victoria (Wilson & Dedyna, 2015). From our group’s assessment observations Rock Bay is an area in transition with many possibilities for development, and the future of the community is
Our cities offer close proximity to services, entertainment and employment. Building high density housing within reach of the main sectors of the hub
The mixture of buildings of different conditions are necessary to public life because it otherwise would be neither interesting nor fascinating. But the main reasons are because they ensure low rent yields, encouraging the growth of small enterprises. Large swatches of new construction would only prevent income since not many would afford it, and the demand for it would not be as large as it would need to be.
After researching the foreign markets, our department proposes that Canada would be our direction to go with to expand our business. The selection that we made is due to many factors. One of the factors involved is that Canada’s housing starts for 2012 is down by only percentage points. (Centre for the Study of Living Standards, 2012) This allows us to believe that the economy is still strong in the Canadian foreign market. There is new construction going on in Canada and there is potential for the market to go back up.
With reference to one property development site within the City of London, critically appraise the extent to which that development delivers successful modern property development whilst at the same time respecting the historic sense of identity of the City of London as identified by Glinert.