> it is possible that the increased purchasing power does shift people's marginal propensity to consume housing. i.e. if you give people $1000/mo extra, they w

> it is possible that the increased purchasing power does shift people's marginal propensity to consume housing. i.e. if you give people $1000/mo extra, they want to buy more housing Giving people money drives inflation by driving demand. When demand increases rent goes up. People may want to buy more/better housing but they will find that $1000/month does not go as far as it did before UBI.