'Blockbusting' or 'panic peddling' refers to:
Why Encouraging homeowners to sell by suggesting that protected classes are moving into the area Is Correct
Answer B: Encouraging homeowners to sell by suggesting that protected classes are moving into the area
Exam Tip: Fair Housing
Fair Housing questions test both federal (Fair Housing Act of 1968) and state-level protected classes. The federal protected classes are race, color, religion, national origin, sex, familial status, and disability. Many states add additional protections.
Key Fair Housing Terms in This Question
Federal law prohibiting discrimination in the sale, rental, or financing of housing based on race, color, national origin, religion, sex, disability, and familial status.
SteeringAn illegal practice where a real estate agent directs buyers toward or away from certain neighborhoods based on the buyer's race, religion, national origin, or other protected characteristics.
BlockbustingAn illegal practice of inducing homeowners to sell by claiming that the entry of minority groups will lower property values.
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- Under the Fair Housing Act, which of the following is a protected class?Fair Housing
- Colorado's Fair Housing Act adds which protected class NOT found in the federal Fair Housing Act?Fair Housing
- A Colorado landlord adds a clause to all leases stating 'no children under 12 allowed.' This violates which protected class under the Fair Housing Act?Fair Housing
Key Terms to Know
An illegal practice of inducing homeowners to sell by claiming that the entry of minority groups will lower property values.
SteeringAn illegal practice where a real estate agent directs buyers toward or away from certain neighborhoods based on the buyer's race, religion, national origin, or other protected characteristics.
RedliningAn illegal practice where lenders or insurers deny services or charge higher rates in certain neighborhoods based on the racial or ethnic composition of those areas.
Fair Housing ActFederal law prohibiting discrimination in the sale, rental, or financing of housing based on race, color, national origin, religion, sex, disability, and familial status.
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