Oh, yeah $12k would not do it. For a UBI to work we would have to shift a significant portion of the concentrated wealth. I too was laid off long enough ago that by now I would be in a bad spot without help, also no mortgage or anything, and I don't travel or go out much. UBI of any degree would do something, but it would have to be much higher than $12k to tread water just due to rent alone. Aside from UBI we would likely need to decouple housing from profit, it has the same problem as healthcare. Demand for it is inelastic to a certain degree, everyone needs somewhere to live.