All very good points. I also think that there are lots of issues to sort through. For example, with unconditional basic income, you could trigger rent increases in poor districts. Other unintended consequences also would occur. But I think that UBI is basically a necessity. If for no other reason, to mitigate the suffering and violence that will result from the massive loss of middle class income that will result from machine learning and automation. In other posts here I talk about zero employment and zero cost of living. It is unpredictable and counter-intuitive. We shall see...
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A rent increase in a low cost of living area of say $100 per month still leaves someone $900 per month better off with a $1,000 per month UBI. And that's for a person living alone. Two people living together would be $950 per month better off each.
Rising costs are a common concern among people who first hear about UBI. I recommend reading this next to address those concerns in-depth.
For a whole slew of other common concerns and questions, I also just posted this FAQ here today.
Cheers!
The article says that printing massive amounts of money doesn't cause much inflation, and that we want a small amount of inflation-
If inflation is a good thing, or non-existent (the article implies both), let's base UBI payments on the cost of goods in say, 1920. That way, UBI payments would much cheaper like $80 a month, instead of $1,000. If not, you'll have to admit that as the supply of money has increased, price inflation has infarct occurred on a dramatic scale, and that it would logically also occur following UBI payments.