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BlockbustingIllegal practice of creating panic selling in a neighborhood for financial gain. Typically exploits racial and religious bias to get homeowners to sell low so the properties can be resold at a mark up.
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BlockbustingDefinition The illegal practice of inducing home-owners to sell their properties by making representations regarding the entry or prospective entry of persons of a particular race or national origin i [..]
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Blockbustingprofiteering by inducing property owners to sell hastily and often at a loss by appeals to fears of lowered values because of threatened minority encroachment and then reselling at inflated prices ...
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BlockbustingBlockbusting is the practice of inducing homeowners of a particular neighborhood to sell their homes at a loss. It is conducted usually by creating a fear on the owner of the property that there in a [..]
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BlockbustingThe attempt to induce someone to sell their home because someone from a protected class is rumored to be moving into the neighborhood. The classic example of this would be a real estate agent passing out her card to neighbors while telling them that a minority family is moving in down the block and they should sell now before the neighborhood gets [..]
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