The practice by real estate agents of panicking owners into selling or renting by telling them that minority groups are moving into the neighborhood is known as _____.

Question

Quizplus · Accepted Answer

This practice is referred to as blockbusting, where real estate agents create a sense of panic and urgency among homeowners by suggesting that the neighborhood's racial or ethnic composition is changing. This unethical practice aims to promote the sale or rental of properties quickly and at higher prices. Redlining, accession, garnishment, and abatement are unrelated to this practice.

The Practice by Real Estate Agents of Panicking Owners into Selling