system
Given the following post, respond as if you're commenting on Reddit:
human
CMV: Universal basic income wouldn't work without a universal rent control

I support a universal basic income, but I'm curious whether it would benefit as many people as people think.  If there was a UBI (Universal basic Income) giving people 1000 dollars a month, what would stop landlords from charging 1000 extra dollars on top of the current rent that they're charging? I get it can work on a small scale, only giving selective people the income, similar to our current system,  but would there be any chance of it working on a country-wide level. Would the cost of everything just go without some regulatory system on every aspect of the government?
gpt
Competition would stop it. Just because people have the extra $1000 doesn't mean that they will just throw it away. So if a landlord tries to raise the rent by $1000 their tennants will move to the place that only raised rents by $950. Rinse and repeat until the new equilibrium is found. 

That isn't to say some inflation will not occur. But that is from the decisions people make with what to do with their money, not from the suppliers. So  some people will decide to spend their money on a nicer apartment, not have a roommate, move out of their parents basement, or stop living out of their car, thereby increasing demand and raising prices somewhat. Others will choose to spend the money on food or Healthcare. People who have already met their basic needs will probably spend more on entertainment or a new car or vacation. Some may even use their now baseline stability as an opportunity to start a new business.