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red_paperclip.jpgIt sounds like a magic trick one of my nephews might do — turning a red paper clip into a house. And it wouldn’t be surprising if the house was made with Legos, or paperclips, or popsicle sticks. But blogger Kyle MacDonald really traded one red paperclip for a house.

“I started with one red paperclip on July 12 2005 and 14 trades later, on July 12, 2006 I will trade with the Town of Kipling Saskatchewan for a house located at 503 Main Street.”

A South African paper called MacDonald a slacker. I call him a homeowner.
Still think bloggers can’t make money?
My favorite blog comment: Jaysey on MySpace says:

“Why didn’t I think of this??
I’m a smart girl…I know I’ve got a “big idea” in here somewhere! Now, I just have to dig it out…”