From a Red Paper Clip to House - The Power of Craigslist : The Real Estate Bloggers

From a Red Paper Clip to House - The Power of Craigslist

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RedpaperclipFor all of you that think Craigslist is a fad or is inconsequential, think again. Kyle MacDonald from Quebec spent a year trading items through Craigslist and his weblog. He started with a a paper clip and now is the owner of a home.

The new economy allows people to connect in ways that were impossible before. So when you have something that may not be that valuable to you, another may put a much higher value to it. Kyle McDonald from Montreal just did that and now is a homeowner.

Kyle MacDonald, however, has pulled it off.
One year ago, the 26-year-old blogger from Montreal set out to barter one red paper clip for something and that thing for something else, over and over again until he had a house.
On Wednesday the quest is ending as envisioned: MacDonald is due to become the proud owner of a three-bedroom, 1,100-square-foot home provided by the town of Kipling, Saskatchewan. MacDonald and his girlfriend, Dominique Dupuis, expect to move there in early September.
“This is such a cool community project. It feels right,” MacDonald said. “And now that I think about it, I can’t believe that another small town didn’t think of it. It will literally put them on the map.”
What’s in it for the town? The answer requires a quick MacDonald recap, featuring a menagerie of friendly folks, radio talk show hosts and aging celebrities, all bound together by the Internet.

Blogger’s quest ends with keys to house - Yahoo! News.

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