An important piece of this is that shifting the relative distribution of money also shifts the distribution of real resources. So absent legal restrictions, if more people have money they want to spend on housing, you should expect more housing to be built, not just for the existing supply to get more expensive (and in exchange, you should expect less of whatever the people paying for the UBI want produced; regardless of whether they pay via taxes or inflation).
An important piece of this is that shifting the relative distribution of money also shifts the distribution of real resources. So absent legal restrictions, if more people have money they want to spend on housing, you should expect more housing to be built, not just for the existing supply to get more expensive (and in exchange, you should expect less of whatever the people paying for the UBI want produced; regardless of whether they pay via taxes or inflation).