Fair Housing
Blockbusting is best described as:
ARefusing to make loans in minority neighborhoods
BInducing homeowners to sell by suggesting that minority groups are moving into the neighborhood✓ Correct
CShowing properties only in neighborhoods matching the buyer's race
DAdvertising properties using coded language to target specific groups
Explanation
Blockbusting (also called panic selling) is the illegal practice of inducing homeowners to sell by making representations that members of a protected class are moving into the neighborhood, causing property values to decline.
Related South Dakota Fair Housing Questions
- In South Dakota, a real estate agent who volunteers race or ethnicity information about a neighborhood when showing properties is potentially:
- In South Dakota, which of the following is TRUE about the 'handicap' (disability) protections under the Fair Housing Act?
- Under the Fair Housing Act, if a real estate agent makes housing decisions based on stereotypical assumptions about a buyer's racial preferences (even without overt racist intent), this is:
- In South Dakota, a property manager who requires a higher credit score from applicants with disabilities compared to other applicants is engaged in:
- In South Dakota, which of the following is TRUE about the Fair Housing Act's application to rental advertising?
- An exemption to the Fair Housing Act applies to 55+ senior housing communities in South Dakota if they meet which requirement?
- In South Dakota, 'redlining' refers to the illegal practice of:
- Steering in real estate refers to:
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