blockbusting

Definition of "blockbusting"
  1. The practice of persuading property owners to sell their property quickly and often at a loss by stoking fears of decreased property values due to the perceived threat of minority encroachment, followed by reselling these properties at higher prices
How to use "blockbusting" in a sentence
  1. The neighborhood was a victim of blockbusting, which led to significant financial losses for the property owners.
  2. Blockbusting is a discriminatory practice criminals use to exploit property owners by fanning racial or ethnic fears.
  3. The city introduced strict regulations to prevent blockbusting and protect homeowners from such predatory practices.

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