Wall Street firms have for years been buying up single-family homes, offering enough cash to snatch them out of the hands of potential mortgage holders and instead rent them out. To maximize profits, companies have raised rents, making housing unaffordable in cities across the United States.
Advocacy groups like People’s Action maintain that rent regulation is the only way to ensure affordable housing. Tara Raghuveer, director of the Homes Guarantee Campaign at People’s Action spoke with YES! Racial Justice Editor Sonali Kolhatkar on YES Presents: Rising Up With Sonali about the rent-control measures that her organization is demanding from the federal government.
Sonali Kolhatkar is currently the racial justice editor at YES! Media and a writing fellow with Independent Media Institute. She was previously a weekly columnist for Truthdig.com. She is also the host and creator of Rising Up with Sonali, a nationally syndicated television and radio program airing on Free Speech TV and dozens of independent and community radio stations. Sonali won First Place at the Los Angeles Press Club Annual Awards for Best Election Commentary in 2016. She also won numerous awards including Best TV Anchor from the LA Press Club and has also been nominated as Best Radio Anchor 4 years in a row. She is the author of Bleeding Afghanistan: Washington, Warlords, and the Propaganda of Silence, and the co-director of the nonprofit group, Afghan Women's Mission. Her forthcoming book is Rising Up: The Power of Narrative in Pursuing Racial Justice (City Lights, 2023). She has a Master’s in Astronomy from the University of Hawai’i, and two undergraduate degrees in Physics and Astronomy from the University of Texas at Austin. She reflects on her professional path in her 2014 TEDx talk, “My Journey From Astrophysicist to Radio Host.” She can be reached at sonalikolhatkar.com