The solution to that is to produce more goods. There is no physical law that says that there is a fixed supply of housing. Currently, it is difficult to get approval to build in many urban areas, but if we eliminate that barrier, there is no reason somebody else can't jump in and undercut an extortionate landlord by offering housing at X + $999, etc. until the price is pushed back down.
UBI doesn't directly create more wealth, but it would spur demand for creation of more actual goods. After all, poorer people tend to spend much more of their income than wealthier people. And once that is done, society will in fact be wealthier in a concrete sense.
UBI doesn't directly create more wealth, but it would spur demand for creation of more actual goods. After all, poorer people tend to spend much more of their income than wealthier people. And once that is done, society will in fact be wealthier in a concrete sense.