Fair Housing
Blockbusting is an illegal practice where a person:
ABuys multiple properties in a neighborhood to control pricing
BInduces homeowners to sell by suggesting that members of a protected class are moving into the area✓ Correct
CRefuses to make loans available in certain neighborhoods
DRefuses to show homes in certain neighborhoods
Explanation
Blockbusting (panic peddling) is the illegal practice of inducing owners to sell by suggesting that the entry of protected-class members will lower property values, increase crime, or otherwise change the neighborhood negatively.
Related Arkansas Fair Housing Questions
- Which of the following represents a fair housing issue in mortgage lending?
- An agent who only shows properties in predominantly white neighborhoods to white buyers, while showing minority buyers properties in other areas, is guilty of:
- An Arkansas licensee who believes a seller's instruction constitutes illegal discrimination should:
- Testers in fair housing enforcement are:
- An agent who shows properties only in predominantly white neighborhoods to a white buyer and only in minority neighborhoods to a minority buyer is engaging in:
- The Federal Fair Housing Act of 1968 prohibits discrimination based on which protected classes?
- Under the Fair Housing Act, a person with a disability may request a 'reasonable accommodation.' This means the landlord must:
- Steering is an illegal fair housing practice that involves:
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