David, a real estate agent, illegally created fear among homeowners in a particular neighborhood by stating that the migration of minority groups into the neighborhood will lead to a decrease in property values. David is guilty of which illegal act ... ?

Question

Broderick

Social Studies

11 February, 21:19

David, a real estate agent, illegally created fear among homeowners in a particular neighborhood by stating that the migration of minority groups into the neighborhood will lead to a decrease in property values. David is guilty of which illegal act ... ?

+2

Answers (1)

Know the Answer?

Amelie Mcintyre · Answer 1

Answer:blockbusting

Explanation:Blockbusting is the practice of real estate brokers convincing homeowners to sell their houses for low prices for fear that a neighborhood's socioeconomic demographics are changing and will decrease home values. By tapping into homeowners' racial or class biases, these real estate speculators profit by selling the properties in question for inflated prices to new buyers.

blockbusting is an illegal practice where someone convinces homeowners to quickly sell their property below fair market value by scaring them into believing that their home values are about to plummet because a group of people of a certain race, religion or national origin are moving into the neighborhood.