I think that's the one thing that needs to be addressed more from basic income advocates. Basic income alone will simply lead to inflation of housing prices in artificially supply-constrained areas like NYC and SF.
Basic income should be coupled with government initiatives to increase the supply of housing (eg. zoning and regulation changes to allow increased density, subsidizing non-luxury apartments, land value tax).
Basic income should be coupled with government initiatives to increase the supply of housing (eg. zoning and regulation changes to allow increased density, subsidizing non-luxury apartments, land value tax).