Yes, prices will likely go up. However, they will not capture all of that money. And UBI will allow people to have more choice in where they live. UBI will give

Yes, prices will likely go up. However, they will not capture all of that money. And UBI will allow people to have more choice in where they live. UBI will give you the flexibility to move somewhere new and figure things out when you get there, rather than having to have a job lined up immediately. This should, at the margin, decrease the lock in effect of big cities, and maybe even cause rents to decline over time.