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Blockbusting, Redlining, & Steering Flashcards BlockbustingAn illegal practice in which licensees or others encourage homeowners to sell because of an influx or expected influx of minorities into the area What is an example of Blockbusting?A real estate agent approaches a homeowner as soon as a demographic shift starts to occur in her neighborhood and convinces her that she needs to sell now, or she'll never be able to sell.Which act attempted to eliminate discrimination caused by blockbusting, steering, and redlining?Fair Housing Act of 1968 RedliningThe practice of a lender to refuse to lend in a specific area, often based on the minority makeup of the area. Although redlining is now an illegal practice, the FHA initially supported it.SteeringThe illegal practice of nudging buyers away or toward a specific area based on the presence or absence of protected class members in the area relative to the buyers.
What is an example of Blockbusting? A real estate agent approaches a homeowner as soon as a
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