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OLEGan [10]
3 years ago
7

David, a real estate agent, illegally created fear among homeowners in a particular neighborhood by stating that the migration o

f minority groups into the neighborhood will lead to a decrease in property values. David is guilty of which illegal act...?
Social Studies
1 answer:
Sphinxa [80]3 years ago
3 0

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.

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Having a good location is important, but if there isn't enough to trade then that creates more issues. One would be that the area could become a reputation for being unreliable. It does come to the question if the loads of resources is worth traveling for or to take a route that's faster but there isn't a lot of give. Being isolated also means that of there happens to be an issue in the trade then the location is either off the maps or people don't want to there because of the distance and the prices might be able to go up. That's why resources are better than location.

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