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Jul 8
BREAKING: Man Trades Red Paperclip For House, Honors

One red paperclip

=

House

In 2005 Kyle MacDonald informed the world via his blog that he was seeking to trade his now infamous red paperclip for a house. Now, 14 trades and a year later, he has finally succeeded. MacDonald will move into his house on July 12. The final trade was made with the city of Kipling, Saskatchewan, Canada.

He apparently traded them one movie role for the house he will receive on July 12, located at 503 Main Street in Kipling, Saskatchewan, Canada. Considering that Canadian housing prices are now at record highs, he could sell the house for a very nice profit, buy something smaller and put some of the cash in the bank, if he wanted to, but why do that when you can be a legend in your own town? In addition to the house, MacDonald will receive the following, according to his blog:

1. As a new resident to our community you will receive a Community Welcome Package containing local information and promotions from local businesses.
2. The Kipling Chamber of Commerce will give you $200 in Kipling Cash. This Cash can be spent at any local Chamber of Commerce business.
3. You will be given a Key to the Town of Kipling
4. You will become Honorary Mayor of Kipling for One Day.
5. You will be named an Honorary Lifelong Citizen of the Town of Kipling
6. The day we make the trade will be decreed One Red Paperclip Day by our Town Council and everyone will be encouraged to wear a red paperclip in honor of your achievements.
7. Will build the world’s largest red paperclip in dedication to you and your “one red paperclip project”

But wait, there's more.

Kipling is going to set up "American Idol style" auditions for the role in Donna on Demand over the Labour Day weekend (Sept 1-4). These auditions are open to ANYBODY from ANYWHERE. Yes, that means you! Corbin Bernsen will be there for the auditions and rumor has it that he might cast a few more roles then as well. *Rumor has it.* Rumor does not have it, yet, that Alice Cooper will be there. That's a rumor I definitely want to start, and deliver on.

All that for just one red paperclip. What a deal. Thanks to CNET for the tip.

-John Mudd

 

Jul 5
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Ssssshhh...don't tell anyone... Candy Spelling, widow of Aaron Spelling has "secretly" placed the Spelling Mansion on the market, according to TMZ.com. Asking price is $150 million. This makes Spelling Mansion America's new most expensive home, edging out Donald Trump's... Continue Reading
Real Estate Construction Spending Dips In May
The U.S. Commerce Department reported Monday that real estate construction spending dipped to $1.21 trillion in May. MarketWatch reported that investors had expected an 0.2 percent increase, according to the Washington Times, rather than the 0.4 decline that occurred. April saw... Continue Reading
Middle-Income Neighborhoods Dying Breed Says Study
Inman News reports today that a recent study by The Brookings Institution discovered that the number of middle-income neighborhoods in US metro areas decreased from 1970 to 2000. They declined from 58 percent to 41 percent. The study, which examined... Continue Reading

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