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n. Informal
The practice of persuading white homeowners to sell quickly and usually at a loss by appealing to the fear that nonwhite groups will move into the neighborhood, causing property values to decline. The property is then resold at inflated prices.


(Commerce) informal US the act or practice of inducing the sale of property cheaply by exploiting the owners' fears of lower prices if racial minorities live in the area


(ˈblɒkˌbʌs tɪŋ)

the practice of inducing homeowners to sell their properties at prices below value by exploiting fears that members of minority groups will be moving into the neighborhood, and then reselling these homes at inflated prices.
block′bust`, v.t., v.i.
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References in periodicals archive ?
However, they plan to have the blockbusting batsman involved in the limited overs section of the tour, the report added.
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The Echo understands the blockbusting Kiwi forward is being lined up for a role as defence coach by new director of rugby Davies.
And if he can re-capture that blockbusting form this weekend, there's do doubt he'll prove a real handful for the home side's under-pressure defence.
Also there will probably be several legs in which Taylor will be so far in front that he is setting up finishes rather than having to go for a blockbusting three-darter.
00pm When Star Trek: Nemesis was released in 2003, it looked like the blockbusting franchise had finally run out of steam.
The interactive media students from Cleveland College of Art and Design visited Disneyland Paris to discover how the biggest media and entertainment conglomerate in the world creates its blockbusting animated movies.
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They would be stepping into the shoes of Brit star Sir Ian Holm, who played Bilbo in the blockbusting trilogy alongside Elijah Wood.