| has gloss | eng: Blockbusting was a business practice of U.S. real estate agents and building developers meant to encourage white property owners to sell their houses at a loss, by fraudulently implying that racial, ethnic, or religious minorities — Blacks, Hispanics, Jews et al. — were moving into their previously racially segregated neighborhood, thus depressing real estate property values. Blockbusting became possible after the legislative dismantling of legally-protected racially-segregated real estate practices after World War II, but by the 1980s it disappeared as a business practice after changes in law and the real estate market. |