I'll admit it has it's flaws, considering that a basic income would change it from "80+%" to "100%" so it's only an extra few percentage of people, but the idea is that if landlords know that -everyone- has xxx amount of money, they know that that is the very least that people *can* afford. It's like, if you *know* someone has something, you'll try and get it, and if everyone tries, they have no real recourse if that person has to give that thing up in order to live. The other flaw's that there's no guarantee that everyone will try and suck up all the money, but the fact that there's only so many housing in a region means that you only need a few people to decide to do so. Edit: Yes, that too. Changing the basic-income to pocket-change. Of course it would be tied to inflation, but inflation would still be an issue, unless you want to buy a coffee for a grand every day
If I were to implement a basic income, I would put in two fail-safes. One, if the economy dips below a certain threshold within xxx years, then the basic income is discontinued. If that dip is from some external cause, like a recession or some other policy having a negative impact, then instead of an automatic discontinue it would just be investigated. The other fail-safe would be that after xxx years, it would be re-examined regardless of any dips in the economy, to see if it's functioning as-needed. If not, modified.