What If we could give you a perfect escape from your everyday routine of “following up with the property listings, real estate market dynamics, residential contract agreements, etc.?”
Yes, be ready to go through some real estate fun facts.
Get your perfect cup of Joe, sit and relax. Because you’re going to go through one of the most gripping and fascinating real estate articles, after which you would go, “OMG! I DON’T BELIEVE THIS! WHAT! OKAY, IT’S NOT TRUE”.
And by now, you may have guessed that you will have the perfect content for a real estate conversation starter.
“90 % of all millionaires in the world became rich by investing in real estate over two centuries”.– Said reports and experts!
Let’s dive right in for some unbelievable yet interesting real estate facts –
Cheapest Real Estate In The U.S. By One Red Paperclip
Inspired by the childhood game “Bigger, better”, Canadian Blogger Kyle MacDonald bartered a red paper clip FOURTEEN TIMES in a year through his One Red Paperclip website to obtain things bigger than that CLIP. He traded the red paper clip for a fish-shaped pen the first time.
And finally, for the fourteenth transaction, he went up to barter a movie role for a two-story farmhouse in Kipling, Saskatchewan.
This makes us ask, “Can we crack such deals too?”
McDonald’s Real Estate Model
McDonald’s knew its potential and the perfect way to reach their gold mine. NO, not just by selling their delicious burgers and fries. Besides getting the royalty fee to use the brand name, in 1956, Harry J. Sonneborn came up with the idea to accelerate the growth of McDonald’s worldwide.
Harry suggested, “Own the real estate that future franchises would be built on.”
Guess what! It worked, and today it’s the 7th most prominent real estate company globally, with 39,198 restaurants operating worldwide. McDonald’s real estate net worth constitutes 41 billion dollars of assets in property and equipment. WELL, ideas do change your life!
Warren Buffett’s Home
Who is the world’s sixth-richest billionaire? A man who turned 90 in 2020, Warren Buffet, the Chairman and Chief Executive of Berkshire Hathaway Inc, as per the Bloomberg Billionaires Index.
One of the richest men in the world, who bought his Omaha Home in 1958 merely for $31,500. The fascinating thing is that he still lives a simple life in the same house, currently valued at $652,619.
Warren Buffett considers his Omaha house as “the third best investment”. Hence, wealth is not always about what you see, but what you don’t see!
What Is Inside the Empire State Building?
Besides 73 elevators, 8 high-speed escalators, you must pay attention to the points below-
Lightning Rod/ Antenna
102 Observation Deck
86 Observation Deck
Around 85 offices
But, how does one of the tallest skyscrapers in the U.S. make money? So, the natural thought would be the massive amount of rent it would generate from 2.7 million square feet of commercial space, right?
Let us break the ice for you because more than the offices, the ultimately profitable money-making are the observation decks on the 86th and 102nd floor at the Empire State Building.
Empire State Building in New York City has even been recognized as one of the “Seven Wonders Of The World” by the American Society Of Civil Engineers.
What You Probably Didn’t Know About Antilia!
The extravagant palatial high-end mansion Antilia is reportedly valued at U.S. 1-2 billion. It’s the second most expensive real estate after Buckingham Palace.
The Ambani home in Mumbai has 27 floors and can survive an earthquake of 8 on the Richter scale. With one mega-temple, a massive salon, an ice-cream parlour, a private movie theatre, six-level parking, a host of guest suites and everything that you can imagine. This isn’t just a home; it’s a paradise in India.
That’s not it; it even has three helipads. We mean, DREAMS DO COME TRUE!
A German Town That’s Embedded With Millions Of Tiny Diamonds
A town that’s built over a 15-million-year-old meteor. Nordlingen in the Donau-Ries district of Bavaria in Germany is probably the only town on the whole planet made of microscopic diamonds.
What, MADE OF DIAMONDS? Well, yes! This crater called the Nördlinger Ries stretches to 25km, formed when a meteor about a mile across slammed into the Earth. Now the town with a population of 20000 sits inside a massive meteorite.
Even today, you can see the circular layout of the town!
There Are Famous High Rise Buildings, And Then There’s Burj Khalifa
Besides holding the world record for the tallest building, Burj Khalifa is the tallest free-standing structure in the world with the highest number of 160 stories. With a total height of 828 metres (2716.5 feet). A man-made marvel indeed!
Besides being a popular tourist spot in Dubai, Burj Khalifa accommodates 900 luxury residences, from opulent studios to a lavish 5-bedroom penthouse. An area of 3500 sq. ft. to 10,000 sq. ft. plot would cost you around Rs.200 to Rs. 500 crores. Good Lord, please…Just get us free tickets to Dubai!!!
One Last Thought…….About Real Estate Fun Facts!
Whether it’s staying in a luxury abode in the world’s tallest building in Dubai or visiting a town built on a meteor, there are endless wackiest and awe-inspiring real estate facts around the world.
So, take a few minutes to absorb all this. We hope you’d loved reading it as much as we loved sharing some intriguing real estate fun facts and stories with you.
Got more such weird but real estate facts? Please feel free to drop them in the comments below.