Then you have the true choice because you can achieve financial autonomy through work and then tell the man where he can stick his job if he refuses to pass on enough of your value added.
Cheaper land will see less people forced to work which will mean higher wages and more disposable income. And all the people doing nothing other than "investing" in extorting money from workers for the right to occupy space will have to suck it up.
This topic basically terrifies me. When I see people asking for basic income without addressing land issues (and money creation) it just shows they are on the wrong track. Big time. Basic income will just become "landlord income". In the UK we have "housing benefit" which sets a floor on rent and guarantees land owners get more than the market can support. It's "landlord benefit".