The biased practice of refusing to offer a home loan on the basis of the characteristics of a neighborhood instead of the actual condition of the property being mortgaged or the character of the borrower is called:

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Redlining is the practice of denying or limiting financial services to certain neighborhoods or communities based on their racial or ethnic composition. It is a discriminatory practice that can result in segregation and unequal access to housing and other opportunities. Eminent domain refers to the government's power to take private property for public use with just compensation. Blockbusting is a practice where real estate agents intentionally stir up fears of neighborhood decline to persuade property owners to sell or rent at a lower price. Urban redevelopment and gentrification refer to the revitalization of urban areas through new investment and development projects, which can have both positive and negative effects on local communities.

The Biased Practice of Refusing to Offer a Home Loan