I had the fun idea to fix the minimum wage to the price of the average house in some radius. Say 10 km. It use to be that you could buy a house for 1-3 years of

I had the fun idea to fix the minimum wage to the price of the average house in some radius. Say 10 km. It use to be that you could buy a house for 1-3 years of salary. If a house costs on average 360 000 the monthly salary should be 10 000. It doesn't have to happen abruptly, it can gradually phase in. The fun angle is that having rich people build in the area everyone benefits. If a lot of cheap housing is build people will leave for places with better salaries but others will enjoy the access to cheap labor.