Progressive taxation + UBI compresses income ranges, rather than adding it, there’s not really anything to capture unless the market was sharply segmented before and after the change, its dubious even before UBI and to the extent “lumpiness” in income distribution might allow market segmentation, UBI reduces that and weakens capture opportunities.
Will some of the increase still be captured? Probably. More in some areas than others. Will we be right back to square one (or worse)? I really don't think so.
I'm not sure that's always an option if you have to live near your workplace, but it could shake things up a bit.
But I share the same concern that UBI would immediately be added to rent.
And that it might combine poorly with existing perverse incentives:
"Across the nation, landlords with units in poor neighborhoods average nearly $100 a month in net profit, compared to about $50 in affluent neighborhoods, and just $3 in middle-class areas."
https://www.bloomberg.com/news/articles/2019-03-21/housing-e...