Wealthy neighbourhoods getting wealthier

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Wealthy neighbourhoods getting wealthier

Poorer neighbourhoods are getting poorer

TORONTO DECEMBER 18th, 2014 - In a random sampling of public opinion taken by the Forum Poll™ among 1001 Toronto residents, one third say they live in a neighbour hood which is getting wealthier (32%), while fewer, one fifth, say their neighbourhood is getting poorer (20%). Close to half say their neighbourhood isn't changing (45%). Living in a neighbourhood which is getting more wealthy is characteristic of the very wealthiest ($100K to $250K - 61%), the best educated (post grad - 55%) and, most importantly, in neighbourhoods whose residents are getting wealthier still (50%). Saying one's neighbourhood is getting poorer is common to the least wealthy (less than $20K - 36%, $20K to $40K - 32%, $40K to $60K - 35%), the former city of York (36%) and, critically, among those who say their neighbourhood is getting less wealthy (49%).


Twice as many neighbourhoods getting wealthier as getting less wealthy

More than 4-in-10 Toronto residents say their neighbourhood is getting more wealthy (41%), while fewer than half this amount say their neighbourhood is getting less wealthy (16%). The same patterns as wealthy neighbourhoods apply, especially as those in more wealthy neighbourhoods are much more likely to say their neighbourhood is getting wealthier (65%) than those in poorer neighbourhoods (25%). Those in the Downtown (66%) are especially likely to say their neighbourhoods are getting wealthier, while those in Scarborough and East York are most likely to say their neighbourhoods are getting less wealthy (20% each).


"It is clear the wealth of this city is diverging from the poverty, and income strata are not evening out geographically. This is an unsustainable model, where neighbourhoods residents see as poor are seen to be getting poorer," said Forum Research President, Dr. Lorne Bozinoff.

Lorne Bozinoff, Ph.D. is the president and founder of Forum Research. He can be reached at lbozinoff@forumresearch.com or at (416) 960-9603.