Fair Housing
Blockbusting (panic peddling) is best described as:
AAdvertising properties at below-market prices
BInducing homeowners to sell by implying that the entry of a protected class group will cause property values to decline✓ Correct
CRefusing to make loans in certain neighborhoods
DShowing buyers only properties in certain neighborhoods
Explanation
Blockbusting (panic peddling) is the illegal practice of inducing homeowners to sell by suggesting that a protected class group is moving into the neighborhood and that property values will decline.
Related New York Fair Housing Questions
- The federal Fair Housing Act prohibits discrimination based on all of the following EXCEPT:
- In New York, the federal Fair Housing Act's exemption for 'Mrs. Murphy' (owner-occupied buildings with 4 or fewer units) applies:
- In New York, the 'Interactive Process' requirement for reasonable accommodations means:
- New York State's Human Rights Law provides fair housing protections that are:
- In New York, 'housing accommodations' subject to the Human Rights Law include:
- The HUD complaint process for fair housing violations requires the complaint to be filed within:
- An owner of a single-family home who does not use a real estate broker and does not advertise in a discriminatory manner may:
- A New York housing provider's refusal to allow a tenant with PTSD to keep a service animal is most likely a violation of:
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