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Izzle · 08-22-2017, 09:50 AM

Sorry for the vague title.

Over the weekend I heard from a few friends that the real estate (and thereby housing prices) in Canada doubles once every 10 years and that such a doubling up has not occurred since 2008 (the US recession). Therefore, they were looking forward to their housing properties doubling up soonish (within the next year or two).

I kind of find this ridiculous and was looking for evidence to support this. Unfortunately, my google sleuthing so far has come up naught.

Is it true that the Canadian real estate market doubles once every 10 years?

08-22-2017, 09:50 AM	#1
Izzle First Line Centre Join Date: Nov 2010 Exp:	Real estate doubling Sorry for the vague title. Over the weekend I heard from a few friends that the real estate (and thereby housing prices) in Canada doubles once every 10 years and that such a doubling up has not occurred since 2008 (the US recession). Therefore, they were looking forward to their housing properties doubling up soonish (within the next year or two). I kind of find this ridiculous and was looking for evidence to support this. Unfortunately, my google sleuthing so far has come up naught. Is it true that the Canadian real estate market doubles once every 10 years?