Fair Housing
Blockbusting is illegal under the Nevada and federal Fair Housing Acts. Which scenario describes blockbusting?
AA landlord raising rents in a gentrifying neighborhood
BAn agent soliciting listings by warning homeowners their neighborhood is changing due to new minority residents moving in✓ Correct
CA developer building affordable housing in an affluent area
DA lender offering higher interest rates in low-income areas
Explanation
Blockbusting (panic selling or panic peddling) involves inducing owners to sell by making representations about minority groups moving into the neighborhood. It is illegal under both federal and Nevada fair housing law.
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