Real Estate Fact:  Paper Clip Trading

Recently we came across an article online on Inman News, about “Eleven Amazing Real Estate Facts” that really caught our attention, so we took a look at each one, and decided to share them with you one at a time! Some are simply tidbits about foreign real estate customs, some are facts about the rich and famous, and some are just interesting twists on stuff we probably already knew, but didn’t think about. Enjoy these eleven expanded real estate facts, and click on Inman News to see the original list!

Real Estate Fact: A real person started trading with one red paper clip and traded up all the way to a house!

Expanded Fact: In July, 2005, Kyle MacDonald placed a photo of one red paper clip on his blog and said he wanted to trade with someone. He claimed he was going to trade until he ended up with a house, an island, or a house on an island. When the trades ended 15 trades later, he owned a house in Saskatchewan! He has written a book about all 15 trades, and the crazy journey from paper clip to house.

Fun Fact: Kyle eventually gave the house to the city of Kipling, and it’s now a tourist attraction, bringing in much needed tourist dollars to a small town!

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