> I am setting prices for renewal.
Landlords do not really set prices arbitrarily, especially not in HCOL areas where most of the cost is land rent. The rent is set by the market, and if there's a new UBI only a negligible fraction of it will go towards rent. Rents might even decrease since any given UBI amount will go a lot further in a lower-COL area, which incents people to move out (reversing gentrification dynamics) and creates future opportunities for job creation in these economically depressed areas where such opportunities are most clearly needed.