May 9, 2012

Canadian blogger's 'Quest for a Condo' to be on CBC Radio

Canadian blogger Charles Moffat is attempting to trade his way to a Toronto condo. He started with a mere Hot Wheels toy car and is already up to a bicycle (and rumour has it he may soon trade the bicycle for an iPod Touch).

The story has sparked so much attention he has been featured in the National Post and tomorrow Charles Moffat will be discussing "My Quest for a Condo" on CBC Radio Metro Morning sometime between 5:30 AM and 6 AM (Thursday May 10th 2012). If you don't have a radio you can tune in via the CBC Radio website.

Moffat will be discussing his trading exploits so far, reactions from people and also Toronto's real estate market and the bursting of the real estate bubble.

Moffat isn't the first person to trade up this way. Canadian Kyle MacDonald did it in 2005-06 and got a house in Saskatchewan in 14 trades.

17-year-old Steven Ortiz from California traded up to a 2000 Porsche Boxter S, but has since learned an oil change costs at least $150 and a routine tune-up at least $1,000. Ortiz is now hoping to trade up to something that requires less maintenance like a Cadillac Escalade.

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