Fair Housing

What is 'blockbusting' (also called 'panic peddling') in Pennsylvania real estate?

AThe practice of subdividing large properties into smaller lots in rapidly developing areas
BThe illegal practice of inducing homeowners to sell by suggesting that people of a different race, religion, or national origin are moving into the neighborhood✓ Correct
CThe practice of offering block discounts to buyers who purchase multiple units
DA competitive bidding strategy where multiple buyers submit simultaneous offers

Explanation

Blockbusting is a federal and Pennsylvania state fair housing violation. It involves inducing homeowners to sell their properties (often at below-market prices) by exploiting fears that people of a different protected class are moving into the area, then profiting by reselling at inflated prices.

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