Fair Housing

Blockbusting under the Fair Housing Act is:

AA legal marketing strategy for distressed properties
BThe illegal practice of inducing homeowners to sell by suggesting that minority groups are moving into the neighborhood✓ Correct
CBulk purchasing of foreclosure properties
DBlocking a competitive broker's sign on a property

Explanation

Blockbusting (panic peddling) is the illegal practice of convincing homeowners to sell quickly by suggesting that the entry of minority groups will cause neighborhood decline and property value decreases. It violates the Fair Housing Act.

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