Which of the following best describes the illegal practice of blockbusting?
Correct Answer
B) Inducing homeowners to sell by implying that members of a protected class are moving into the neighborhood
Blockbusting, also known as panic peddling, is the illegal practice of inducing homeowners to sell their properties by suggesting that members of a protected class are moving into the neighborhood and implying that property values will decline as a result. This practice violates the federal Fair Housing Act of 1968 and Mississippi fair housing laws.
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