Nope landlords will just raise rents back to approximately the same level of poverty.
My taxes have tripled in the past 5 years. Appliance, construction, repairs, insurance are all much higher.
If I was renting to people - in what world wouldn’t I be forced to raise their rent? Why would I cover that for someone when I have to pay it?
If you want to reduce the cost of living you increase supply. UBI will not affect supply nor demand, it will just affect the existing demand’s ability to pay a higher price universally and knowably. As a landlord, I would be an idiot not to raise rents by $x soon after implementation. Every landlord knows this and so they’d all do it together, no coordination necessary.
We need to increase supply by upzoning and speeding up permission processes.
That will increase supply, depress prices, and solve a lot of social ill without needing UBI.
There should be studies that show when minimim wage or welfare/other forms of assistance increases that rent follows.
> Increases in state minimum wages significantly reduce the incidence of renters defaulting on their lease contracts by 1.7 percentage points over three months, relative to similar renters who did not experience an increase in the minimum wage. This represents 10.6% fewer monthly defaults. However, this effect slowly decreases over time as landlords react to wage increases by increasing rents.