this post was submitted on 25 Nov 2025
398 points (94.8% liked)
Explain Like I'm Five
19046 readers
71 users here now
Simplifying Complexity, One Answer at a Time!
Rules
- Be respectful and inclusive.
- No harassment, hate speech, or trolling.
- Engage in constructive discussions.
- Share relevant content.
- Follow guidelines and moderators' instructions.
- Use appropriate language and tone.
- Report violations.
- Foster a continuous learning environment.
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Unfortunately the 1 million dollar net worth would have to be modified by location. If the average house is hitting a half million most places, and passing $1 some places, they need to at least be able to be worth slightly more than their residence.
My idea requires some more work
I think this only works on a world wide scale. Make salaries all the same everywhere, one world coin.
Houses are currently extremely overvalued, real value for most houses is easily 3X less than they go for now
Most houses could go for under a million. Two people live there, a 10M cap gets you very nice house with loads of room to spare, still.
If anything, the 10 million cap seems too high still