Gentrification in Vancouver, Canada: In the 1960's Vancouver, a working-class seaport town located along the Strait of Georgia was gentrified, its streets paved with cobblestone, its historical buildings preserved and the affordability of housing increased. When in 1990, when a crucial department store named Woodward's closed, Vancouver developed a reputation for crime, homelessness, and unemployment. In 2010 the city designed a
The Gentrification of Vancouver is an example of the benefits and costs of gentrification, as
Correspondingly, the decrease in low-income lodging and the increase in high-end lodging and businesses in Vancouver displaced lower-income residents, as they could not afford the cost of living. Gentrification in Vancouver accommodated higher-income residents and increased the cost of living.