Comment by sologoub

That argument about UBI may be true ceteris paribus (all else being equal), though even then it may not. The assumption seems to be that all other money flows and incomes remain the same and demand grows while supply remains the same. UBI (there are many proposals/variants) would likely require taxes that will make it basically zero beyond a certain level of income and negative further up (increase in tax on upper brackets). UBI will also incentivize some people to stop working and rely on UBI, so net effects won’t be a uniform increase in buying power. Rents are not uniform geographically and area usually related to how desirable a place is and how much work there is in the areas. With UBI consumers can choose to move away from jobs centers.