Not a chance!!!!!!! How in the WORLD would housing be double in 10 years??? Have wages doubled in the last 10 years?? Will they double in the next 10 years??? Wages are stagnant and house prices have gone WAY higher than they are worth. I own a house outside of the GTA housing madness but in Ontario. What i paid for my house a couple of years ago wouldn't buy you a parking spot in Toronto or surrounding areas. Prices have fallen and there is allot of room to still go down. The same irrationality that gripped the US market at it's peaks of 2007 has unfortunately blinded the residents of Toronto. Sadly, it takes a crash for people to awake from their stupors. Look at the cities with the highest bubbles in the US, if Toronto follows expect at minimum a 50% drop. Yes, prices probably would eventually recover but it could take years.