A major transition taking place in districts like Toronto's 78-Kensington Chinatown is referred to as "gentrification," which is a broad term. This essay aims to clarify what gentrification is and the effects it has on residents. We'll examine how gentrification is affecting Kensington Chinatown in the next sections, discuss how the neighbourhood used to be and how it's evolving today, and also hear from residents to learn how the changes are impacting them. To get a whole perspective, we'll examine both the positive and negative aspects of gentrification. Overall, we'll go into the history of 78 Kensington Chinatown, the present developments, how they're impacting people, and the complexity of gentrification. Through this exploration, we want…show more content… The bohemian culture of the neighbourhood attracted artists, students, and young professionals as immigrants arrived, leading to a community revival. “Bridging the diverse socio-economic groups in 78 Kensington Market is vital to preserving the unique character of this neighbourhood, and its community”(ProQuest,2006). Long-term residents and low-income families, however, find it impossible to afford to live in the neighbourhood due to the increased costs of housing brought about by this transformation (The Canadian Encyclopedia, 2017). Ethnic Composition The neighborhood's changing ethnic mix reflects the changing population. The region was once dominated by Jews, but it is now home to a varied range of nationalities, including immigrants from Italy, Portugal, and the Caribbean(Image 7).The neighborhood's cultural mix has changed, with more independent stores and cafés replacing traditional local businesses, but it remains a diversified area because of the presence of young professionals and students(Statistic Canada, 2011). Housing Types and Cost 78 Kensington Market's housing has changes throughout time, with Victorian-era real estate being converted into apartments, rooming houses, and small businesses. (Image 8) However, rising property prices have increased the cost of these housing, making it impossible for low-income families to live there(CTV,2023). The neighborhood has a higher proportion of low-income households, with 33.2% (Image 5)of Kensington Market residents earning less than
