[jrpt]

But you're an individual, and obviously changes in one individual's income won't affect the housing market. If everyone in your community's income changed, things would be different. The amount of land in an area is fixed, and practically speaking so is the housing stock. Housing is priced at the margin, and if everyone still wants to live in the area, and is willing to pay more now (since even if they paid the exact amount of basic income more in rent, they'd still have the same amount of disposable income after paying the increased rent), then I would expect the price of housing to rise.