In the third of its four-part look at Canada's suburbs, the Globe and Mail looks at the growing number of upper class families moving to suburban communities in search of larger homes.
"Once sources of modest housing for young families, Canada's suburbs are increasingly attracting high-income residents. On average, household income in the 15 suburbs studied rose by 68 per cent, from $41,919 to $70,572, according to 1986 and 2001 census data. As well, taken together, the suburbs' population soared, increasing by 87 per cent between 1981 and 2001, a pace that far outstripped urban growth.
Nowhere is the trend of surging income and population more apparent than in Vaughan, which is one of the country's fastest-growing municipalities. Across the street from the Annibale-Tarraran family's two-storey five-bedroom home, which had a Mercedes sports sedan and a minivan parked out front during a recent visit, is a sprawling mansion with a four-car garage. It's a tableau that repeats itself throughout the community, which has its share of monster homes, luxury cars and undersized trees."
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