Interesting facts about real estate

Here is a small collection of crazy and unheard of real estate trivia facts. If you are looking for a conversation starter or just something fun to talk about at the dinner table, then these are perfect for you.

  • The White House, residency of the US president, is valued at almost 400 million dollars, according to the most popular real estate app Zillow.
  • If you cannot find a property that you like here on earth, then you can buy a lot of it on the moon just for $30.
  • The game Monopoly was originally designed to teach people about economic inequality. At the time of the games creation, people cheered for bankruptcy that brought someone else success. The author wanted to show how wrong it is to do that.
  • There are just over half a million homeless people in United States, and 5 times as many vacant houses. But in the State of Utah, since 2005, if a house is free it’s given to a homeless person, and because of that, homelessness in Utah has been reduced by 74%.
  • Leona Hemsley was a real estate magnate and hotel heiress, she passed away in 2007 and left $12 million to her dog named Trouble. With this move she earned herself the nickname of „Queen of Mean“. Trouble become the richest dog in the world, and passed away in 2011 at the age of 12.
  • In Scotland, people paint their door red when they have paid of their mortgage. It’s a hidden meaning for the public, but worth celebrating for the new official home owners.
  • It is a true story of a guy named Kyle MacDonald, who traded a red paperclip for a house. A series of 14 online trades took over a year, but at the end of the last one, he got himself a house.
  • One of the richest men in the world is Warren Buffet, but he is so humble, that he lives in his old house, that he bought in 1958 and paid 31, 500 dollars for it.
  • “Empty State building”, that was the name New Yorkers gave to the Empire State building, because it was build during the great depression, and much of it‘s space was not rented out.
  • In 1997, Pepsi launched a competition, where the main prize was a real life Simpson’s house or $75, 000. The winner chose to receive the money, as for the house, it was renovated to look more ordinary and sold.
  • Facebook creator Mark Zukerberg has bought 4 houses close to his own in the neighborhood and rented them out to the people that lived there already. He did so, because he didn’t want those houses to be marketed as “next door to Mark Zuckerberg.”
  • The Eiffel Tower has a lot of fun facts about it. The first one, is that Gustav Eiffel designed a secret apartment for himself at the top of the tower. The second one is about a con artist, named Victor Lustig who sold the Tower twice. However, in 2018 on November 27, you will be able to actually buy a part of it. A section of the stairs is going to be auctioned off, and the price is going to start at 40, 000 euros.  A similar part was sold in 2016  for half a million euros.

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