system
Given the following post, respond as if you're commenting on Reddit:
human
If you had a national UBI policy how do you prevent landlords, energy companies, insurance etc from raising costs to capture some of that Income?

I keep hearing about Universal Basic Income, and how universally give folks a set amount would help.deal with inequality etc. But wouldnt landlords, energy companies and others that have non discretionary costs simply up their prices /rates to capture some of that money, negating the inequality purpose of UBI?
gpt
While landlords especially could raise their rates to capture some of the UBI income, the landlords whom don't raise their rates would have an advantage against those who did, and could more easily find tenents. Those who do raise their rates will need to compete with landlords who have better properties, but chose not to raise their rates. And since rent in the area has been raised, there is more incentive to build housing, which will also drive down prices.

If a $1000/mo UBI is passed, landlords will not all raise their rates by $1000/mo. Rent will increase, but by some amount less than $1000/mo.

Insurance will be handled similarly, but since they can more easily take on new customers, they will be even less able to raise their insurance rates.

This is, of course, excepting the possibility of all the landlords in an area getting together and deciding to raise all their rates at once, while also ensuring that no other housing will be built.