What about this type of scenario, is this something you could see playing out: People receive UBI, more people are able to move out and buy/rent an apartment o

What about this type of scenario, is this something you could see playing out: People receive UBI, more people are able to move out and buy/rent an apartment or house, landlords are getting more applicants and apartment buildings start filling up, some landlords increase price to compensate for increased demand, average rent for an area goes up, the rest of the landlords increase their prices to match the market