54
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 01 Dec 2024
54 points (85.5% liked)
Ask Lemmy
27253 readers
1909 users here now
A Fediverse community for open-ended, thought provoking questions
Rules: (interactive)
1) Be nice and; have fun
Doxxing, trolling, sealioning, racism, and toxicity are not welcomed in AskLemmy. Remember what your mother said: if you can't say something nice, don't say anything at all. In addition, the site-wide Lemmy.world terms of service also apply here. Please familiarize yourself with them
2) All posts must end with a '?'
This is sort of like Jeopardy. Please phrase all post titles in the form of a proper question ending with ?
3) No spam
Please do not flood the community with nonsense. Actual suspected spammers will be banned on site. No astroturfing.
4) NSFW is okay, within reason
Just remember to tag posts with either a content warning or a [NSFW] tag. Overtly sexual posts are not allowed, please direct them to either !asklemmyafterdark@lemmy.world or !asklemmynsfw@lemmynsfw.com.
NSFW comments should be restricted to posts tagged [NSFW].
5) This is not a support community.
It is not a place for 'how do I?', type questions.
If you have any questions regarding the site itself or would like to report a community, please direct them to Lemmy.world Support or email info@lemmy.world. For other questions check our partnered communities list, or use the search function.
6) No US Politics.
Please don't post about current US Politics. If you need to do this, try !politicaldiscussion@lemmy.world or !askusa@discuss.online
Reminder: The terms of service apply here too.
Partnered Communities:
Logo design credit goes to: tubbadu
founded 2 years ago
MODERATORS
You are renting the land/home for one dollar's amount of time. Tax free for this scenario. The amount is determined by whatever the market value of the home is divided by one dollar as a percentage. Assuming the time it would take the average buyer to pay off a mortgage. (Not including tax, that is too complicated so I am leaving it out). Then you determine how much of the total amount of that time is one dollar. Probably minutes or maybe close to an hour, IDK. You don't have to calculate it, the dollar does this by teleportating you to and from it. You can save your magic dollars and become a magic millionaire/billionaire etc.
One dollar a day is $365 per year. If I lived a hundred years and didn't spend anything, I'd have $36,500 (not counting leap years). I'd have to live 2,739 years to become a millionaire - I don't think I'm going to make it!
Remember there was a guy who traded a paperclip up to a house by trading for something more valuable each time. Similar concept if you consider that the magic dollar can be sold to someone once you show them what it can do. They get it for one use but you still get one magic dollar each day.
You could save up and invest it, gamble etc. To get to that.
If you teleport to it and back, that's way more valuable than anything you'd actually be buying. I'd just use it for that purpose exclusively. Choose a plot of land to "buy" that's calculated to a specific timeframe, matching how long I wanted to be there. "I want 200 square feet in Norway." Day trip to Norway, let's go!