block·bust·ing (bl k b s t ng)n. Informal The practice of persuading white homeowners to sell quickly and usually at a loss by appealing to the fear that minority groups and especially Black people will move into the neighborhood, causing property values to decline. The property is then resold at inflated prices. |
blockbusting [ˈblɒkˌbʌstɪŋ]
n
(Business / Commerce) US informal 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
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