[PragmaticPulp]

Yep, that's the myth of "universal" basic income: It would actually be taxed away for most of the population.

You may get $2,000/month for "free", but most people reading this would see their taxes go up by $30-40K/year to pay for the program. The money has to come from somewhere.

But that doesn't change the fact that if we pump money into a certain demographic, the assets they're buying will go up in price. In this case, it's the lowest cost housing that will go up in price.