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blockbusting
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The answer BLOCKBUSTING has 0 possible clue(s) in existing crosswords.
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Definitions of blockbusting in various dictionaries:
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.
BLOCKBUSTING - Blockbusting is a business process of U.S. real estate agents and building developers to convince white property owners to sell their house at low pr...
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| Possible Dictionary Clues |
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| 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. |
| very successful commercially. |
| used to describe a very successful product, film, etc. that makes a lot of money: |
| Very successful commercially. |
| The practice of persuading owners to sell property cheaply because of the fear of people of another race or class moving into the neighbourhood, and then profiting by reselling at a higher price. |
| Blockbusting description |
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| Blockbusting is a business process of U.S. real estate agents and building developers to convince white property owners to sell their house at low prices, which they do by promoting fear in those house owners that racial minorities will soon be moving into the neighborhood. The agents then sell those same houses at much higher prices to black families desperate to escape the overcrowded ghettos. Blockbusting became possible after the legislative and judicial dismantling of legally protected racially segregated real estate practices after World War II. By the 1980s it largely disappeared as a business practice, after changes in law and the real estate market. After the turn of the millennium, claims were made that a similar but inverse practice was occurring in New York State and New Jersey on behalf of orthodox Jews, who were pressuring non-Jews into selling based on the fear they will be outnumbered by Jews, and subsequently resold at a much higher price to Jews. |