Fair Housing
Which practice involves a real estate agent directing buyers of a particular race to specific neighborhoods?
ARedlining
BSteering✓ Correct
CBlockbusting
DPanic peddling
Explanation
Steering occurs when an agent directs prospective buyers or renters toward or away from specific neighborhoods based on race, color, religion, national origin, sex, disability, or familial status.
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Key Terms to Know
Steering
An illegal practice where a real estate agent directs buyers toward or away from certain neighborhoods based on the buyer's race, religion, national origin, or other protected characteristics.
RedliningAn illegal practice where lenders or insurers deny services or charge higher rates in certain neighborhoods based on the racial or ethnic composition of those areas.
BlockbustingAn illegal practice of inducing homeowners to sell by claiming that the entry of minority groups will lower property values.
Fair Housing ActFederal law prohibiting discrimination in the sale, rental, or financing of housing based on race, color, national origin, religion, sex, disability, and familial status.
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