demand for housing is somewhat inelastic though. It will only increase to the point where homeless people can now afford to rent a room somewhere. UBI would only significantly increase demand if it was so much money that a lot of people would be looking to buy second or third homes.
banannaise|5 years ago
Everyone needs to live somewhere. Landlords only profit if their properties are occupied, but they can simply decide to all increase their rent by $1000 a month, knowing that eventually, the only choice for some people will be to pay it or be homeless.
I have no idea if it would actually work this way in practice.