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blockbusting

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noun block·bust·ing \-tiŋ\

Definition of blockbusting

  1. :  profiteering by inducing property owners to sell hastily and often at a loss by appeals to fears of depressed values because of threatened minority encroachment and then reselling at inflated prices



1954

First Known Use of blockbusting

1954


Law Dictionary

blockbusting

noun block·bust·ing

Legal Definition of blockbusting

  1. :  profiteering by inducing property owners to sell hastily and often at a loss by appeals to fears of lowered values because of threatened minority encroachment and then reselling at inflated prices



Additional Notes on blockbusting

Many states have statutes prohibiting blockbusting by real estate agents.


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