User:Yessel Garcia/Rent regulation/Bibliography

My New Section called "Social Rights" **will go under the economics section**
One of the most common arguments for rent regulation is that housing is a human right, and regulating rent is a way to ensure this renters. Individuals believe that adequate housing provides physical security and "contributes to psychological well-being by fulfilling a sense of personal space, autonomy, and privacy.” Often, those who need rent regulations or advocate for rent regulation are individuals who have faced historic and systematic oppression and economic exclusion. These people are also most likely to be detrimentally affected by natural disasters, economic crises, and pandemics. For example, during COVID19 people of color have shown to be more at risk of becoming homeless for owing rent due to illness or job loss. This stems back to Franklin D. Roosevelt's “New Deal” that created different social programs to combat the Great Depression, including the Home Owners’ Loan Corporation which was meant to give struggling homeowners loans to help pay their mortgages. However, this created what is now known as redlining, and those who were in areas labeled as "hazardous" still experience financial hardships. These same communities are still underfunded and home to people of color who are now being affected by gentrification.

During the years between 1998 and 2001, the idea of gentrification was viewed as a solution because it would help these neighborhoods by building new infrastructure, bringing new businesses to the area, and ultimately enforce the “middle class” standard. However, gentrification increases rent and enables landlords to benefit from high rates of rent, thus leaving residents of the area with no choice but to pay these high rates or leave. This also contributes to the "neighborhood effect" which is the belief that the neighborhoods that people live in have an effect on their level of poverty, possibility of mobility, and the presence of racial discrimination. Thus, areas that are predominantly filled with people of color are more susceptible to social and economic hardships and more urgently need and advocate for rent control.