11 Real Estate Facts to Entertain Your Brain
1. In New York, it is a legal requirement for a seller to disclose if a property under inspection is believed to be haunted by ghosts
2. In Scotland, home owners paint their front door red when they’ve paid off their mortgage
3. Charles Floyd, a Great Depression era gangster – who was positively viewed by the public. However, what most people didn’t know was that he robbed banks and would destroy mortgage documents, freeing many citizens of their debt
4. Monopoly was originally designed to teach players about the broken nature of Capitalism
5. Brass doorknobs disinfect themselves.
6. Warren Buffett still lives in the same house he bought in 1958, which he paid $31,500 for
7. Contrary to popular belief, McDonalds is not a burger restaurant chain. It is actually one of the world’s best real estate portfolios. Franchises do the burger flipping and McDonald’s gets paid handsomely for owning the best commercial real estate all over the world
8. There’s a guy who started with one red paper clip and traded his way up until he owned his own home
9. India’s richest person built a $1 billion dollar home. It has 27 habitable floors, including six parking lots for a capacity of 168 cars
10. The Burj Khalifa is so tall, you can watch the sunset from the base of the building, take an elevator to the top – and watch the sunset all over again
11. Using prefabricated modules, some builders in China are able to build 30 story skyscrapers in as little as 15 days
Bonnie Casper
Bethesda, MD 20814