That's assuming the goods and services are locally consumed, which in a global economy they're commonly not.

A jet engine factory that moves in and hires a bunch of people reduces local unemployment, but that doesn't mean any of the local workers are in the market for jet engines.

> Higher wages would also be associated with a supply increase if they came with increased productivity, but if you raised the minimum wage then prices of low-end products might actually go up.

Same problem again. If a jet engine factory opens up in a place with already-low unemployment and pays better wages, people quit their lower paying jobs to take the higher paying ones, but that doesn't mean any of the productivity increase is relevant to local housing markets. The workers still aren't in the market for jet engines, but they'll bid up the local housing stock if zoning constrains any more from being built.

The premise that a UBI would increase housing costs is also basically assuming that the money comes from nowhere. If the money was printed that would be the case -- but that's an instance of "printing money causes inflation" rather than "UBI causes inflation." If it comes from collecting taxes then the people who receive it have more money, but the people who pay the tax have less, which more or less cancels out. (Especially when, as with the people in the middle, they're actually the same people and the UBI and the tax directly cancel out.)