Preville on Politics

Good news! Prices going up!

Posted on April 25, 2008 by Philip Preville

I had promised myself that, this week, I would put an end to what has become my ritual Friday Pessimist Blog Entry on the state of the economy. Good thing, too. Everyone else is jumping on the bandwagon this morning. For those of you with an interest in worst-case scenario survival, here’s a quick-read eye-popper explaining how, essentially, mortgage defaults in San Diego have caused havoc for the entire nation of Iceland.

But look on the bright side, everybody. With the price of everything going up, and up, and up, surely home prices will follow suit.

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Philip Preville

Veteran freelance writer Philip Preville lived much of his life in Montreal and Edmonton before he was lured, like so many Torontonians before him, by the promise of more work and a better living. A National Magazine Award winner and former Canadian Journalism Fellow at the University of Toronto’s Massey College, Preville writes Toronto Life’s politics column. He lives with his wife and one-year-old son in Riverdale, just close enough to the Don Valley Parkway that he can hear it when he steps outside his house—but just far enough away that it doesn’t keep him awake at night. On his office wall hangs a 1938–39 press pass belonging to his grandfather, Elias Gannon, who wrote for the Montreal Star.


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