Agent Simpson tells residents of a neighborhood minorities are moving into the neighborhood and property values are sure to plum

Question

4 years ago

10

Agent Simpson tells residents of a neighborhood minorities are moving into the neighborhood and property values are sure to plum

met. Resale values will suffer, the neighborhood will deteriorate, and, if they don't sell their homes now, they will lose money. What form of illegal discrimination is Agent Simpson practicing

Business

1 answer:

Drupady [299] · Answer 1 · 2022-01-16T23:56:51+03:00

Answer: Blockbusting

Explanation:

Blockbusting could be defined as when an individual or someone that's into real estate tries to convince a particular set of people(mostly white) living in a neighborhood to sell their property describing to them that those property would soon depreciate in value and this promotes fear in the heart of occupants of those property. Most times the agents do this for their own gain rather than stating the obvious and it's illegal to do. Agent Simpson is practicing blockbusting kind of descrimination.