Fair Housing
Blockbusting (panic peddling) in real estate involves:
ASelling homes at below-market prices to preferred buyers
BInducing owners to sell by suggesting that members of a protected class are moving into the neighborhood✓ Correct
CPurchasing large blocks of homes for redevelopment
DAdvertising exclusively in certain ethnic publications
Explanation
Blockbusting is an illegal practice where real estate agents or others induce owners to sell by implying that the entry of a protected class into the neighborhood will cause property values to decline.
Related Indiana Fair Housing Questions
- Senior housing communities in Indiana may legally restrict occupancy to persons 55 and older if they:
- AFFH (Affirmatively Furthering Fair Housing) requires HUD recipients to:
- The Civil Rights Act of 1866 prohibits discrimination in the sale or rental of property based solely on:
- The maximum civil penalty for a first-time fair housing violation under federal law is approximately:
- The federal Fair Housing Act prohibits discrimination based on all of the following EXCEPT:
- Steering is the illegal practice of:
- A real estate agent in Indiana who tells a minority buyer that a neighborhood is 'not right for your family' without factual basis is likely guilty of:
- An Indiana lender who requires a higher down payment from minority applicants than from similarly qualified non-minority applicants is engaging in:
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