blockbusting definition

| Meaning, pronunciation, translations and examples blockbusting adjective informal us / blkbs.t / uk / blkbs.t / (usually of a book or movie) very successful or popular and making a lot of money: He was the director of photography behind the blockbusting Indiana Jones movies. Blockbusting refers to the practice of introducing African American homeowners into previously all white neighborhoods in order to spark rapid white flight and housing price decline. A blockbuster is a work of entertainmenttypically used to describe a feature film, but also other mediathat is highly popular and financially successful.The term has also come to refer to any large-budget production intended for "blockbuster" status, aimed at mass markets with associated merchandising, sometimes on a scale that meant the financial fortunes of a film studio or a . blockbusting (uncountable) A technique used to encourage people to sell their property by giving the impression that a neighborhood is changing for the worse, especially by implying a change in its racial makeup. Despite Fortnite's success as a blockbusting video game, Tetris still ranks as the best-selling game of all time. | Meaning, pronunciation, translations and examples An unethical business practice in which a real estate agent convinces a homeowner to sell his/her property at a loss because racial and/or ethnic minorities are moving into the area. The purpose of this scheme is to get the homeowners to sell out at a deflated price. If it happens, it will eventually lower property values in current R-1 . 0. This illegal practice causes homeowners in a neighborhood to sell their properties by making representations of the prospective entry of members of a minority group--of a different race or national origin in particular--into the neighborhood. D eceptive marketing techniques designed to create localized real estate market panic and cause the sale of such property in a targeted community, usually to favor a specific group. This was achieved by fearmongering the homeowners, telling them that racial minorities would soon be moving into their neighborhoods. Redlining, a process by which banks and other institutions refuse to offer mortgages or offer worse rates to customers in certain neighborhoods based on their racial and ethnic composition, is one of the clearest examples of institutionalized racism in the history of the United States. A large, powerful bomb used especially in air raids on cities. Real estate speculators have historically used this technique to profit from prejudice-driven market instability. Definition of Blockbusting. Much of this could have been prevented if a proposed initiative to take land-use decisions away from state . My definition: An area that cannot be combined into a single state due to problems between ethnicities. Definition of blockbusting : 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 Examples of blockbusting in a Sentence noun the profiteering real-estate practice of buying property from white majority homeowners below market value, based on the implied threat of future depreciation . Many ideas are in this book. Something, such as a film or book, that sustains widespread popularity and achieves enormous sales. American Heritage Dictionary of the English Language, Fifth . Furthermore, which of these is an example of blockbusting? If it happens, it will eventually lower property values in current R-1 areas at . Blockbusting was a business practice of U.S. real estate agents and building developers that is meant to encourage white property owners to sell their houses at a loss. The panic is often incited by an economic or emotional, wide-spread incident. Examples of blockbusting include: When real estate agents alert the members of a neighborhood that it is "changing" and that they should sell their property. Origin of blockbusting First recorded in 1940-45; block + bust 2 + -ing 1 Words nearby blockbusting 1. Blockbusting; Blockbusting - The discriminatory practice of encouraging members of one race or creed to move into a neighborhood, and then exploiting the situation by persuading residents to sell their houses at deflated prices because of the alleged social deterioration of the neighborhood. Blockbusting was done both to profit . Everyone expected the Steve Jobs movie to be a blockbusting hit, but it flopped in the box office. A blockbusting movie. . (US) A technique used to encourage people to sell their property by giving the impression that a neighborhood is changing for the worse, especially by implying a change in its racial makeup. Nous ne travaillons pas seulement avec la mdecine grand public .Au . 'Filmgoers sick of the blockbusting flicks that tend to emerge this time of year will be pleased to know that as far as world cinema is concerned, they're covered for the next week at least.' . Blockbusting: Blockbusting is when agents will use a "sales tactic" to fear monger people living in a neighborhood that a specific race, community, or class of people are moving into that neighborhood. Blockbusting generally occurs in multi-racial neighborhoods, or in neighborhoods that are undergoing change associated with the makeup of who lives there. Definition, Synonyms, Translations of blockbust by The Free Dictionary A process by which real estate agents convince white property owners to sell their houses at low prices because of fear that black families will soon move into the neighborhood. . This is also known as panic peddling. Blockbusting is a method of manipulating homeowners to sell or rent their homes at a lower price by falsely convincing them that the neighborhood's socioeconomic demographic is changing because of new groups of people moving in and that this shift will affect the value of their home. : We are working not only with ' blockbusting ' medicine; on the contrary, I would like to remind you that there is provision in the programme for rare diseases, which is also followed by orphan drugs.

Redlining is a form of illegal lending discrimination used primarily against Black homebuyers in which people that live in certain communities are not allowed the same access to credit as people in other communities based on race, color, or other discriminatory factors. English dictionary definition of BLOCKBUSTING along with additional meanings, example sentences, and different ways to say. Third, blockbusting incentives are higher when minorities' value of housing outside the neighborhood is lower. This is an open invitation to blockbusting, as described in Definition 2. One that engages in the practice of blockbusting. This is also known as panic peddling. Described by the Chicago . Conceptual Blockbusting is a great book for the idea creator. 2. Blockbusting definition: A blockbusting film or book is one that is very successful , usually because it is very. The History of Redlining. Blockbusting definition: A blockbusting film or book is one that is very successful , usually because it is very.

In a practical sense, redlining was the act of drawing red lines around or shading red . What is blockbusting? This is an open invitation to blockbusting, as described in Definition 2. Noun. Related Articles. very successful, especially financially . This illegal practice causes homeowners in a neighborhood to sell their properties by making representations of the prospective entry of members of a minority group--of a different race or national origin in particular--into the neighborhood. [Sense 3, from blockbusting.] Subsequently, the realtors sell the houses to the persons of color at a heavily inflated price. The meaning of BLOCKBUSTING is 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. Examples of Blockbusting in a sentence. ing (blkbstng) 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. Definition of BLOCKBUSTING (noun): house selling to lower class groups to reduce prices Centripetal force. This is an open invitation to blockbusting, as described in Definition 2. Redlining, Blockbusting, Panic Peddling and Steering are 4 key real estate terms relating to fair housing that student need to know for their real estate lic. 3. Blockbusting The illegal practice of inducing homeowners to sell their properties by making representations regarding the entry, or prospective entry, of minority persons into the neighborhood. Definition. Def . Example: Rwanda Quizlet.com Blockbusting: A process by which real estate agents convince white property owners to sell their houses at low prices because of fear that black families will soon move into the neighborhood. / blkbs t/ This reflects grade level depending on the word's difficulty. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more. Blockbusting. Origin of blockbust Americanism; by back formation from blockbuster or blockbusting Words nearby blockbust Principal Translations: Ingls: Espaol: blockbusting adj: informal (extremely popular) (coloquial): bombazo nm (coloquial)que es un exitazo loc adj: blockbusting n: US, informal (real estate: racial scare tactic) (voz inglesa): blockbusting nm: acoso inmobiliario loc nom m Blockbusting also carried additional consequences beyond the immediate neighborhood. noun mass noun informal North American 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. Developers merely need to get control of properties they want to remake. More specifically, blockbusting is when a real estate agent tries to coerce people into selling their homes by playing upon the fear that they will lose money on their property if they do not . The property is then resold at inflated prices. A blockbusting spectacle otherwise only seen at the movies. More example sentences Basically what that means is that agents will door knock (as per usual in the industry) but will ask something along the lines of "So I heard . adjective 0 0 Advertisement If it happens, it will eventually lower property values in current R-1 areas at least temporarily and raise them in places . The blackbusting broker buys up a few properties in a neighborhood adjacent to a minority one, often . Definition and Example of Redlining . The definition of Blockbusting in the law of the United States, as defined by the lexicographer Arthur Leff in his legal dictionary is: A technique for increasing real estate brokerage income by playing upon the racial fears of homeowners. Definition 2, American Heritage Dictionary. Updated on October 28, 2019 Blockbusting is the practice of real estate brokers convincing homeowners to sell their houses for low prices for fear that a neighborhood's socioeconomic demographics are changing and will decrease home values. Multiple homeowners will begin selling their homes, increasing the inventory, and driving prices down further. This result reflects the impact of minorities' outside options on transaction prices and on the tipping point. Following is an example of a state statute (Maryland) defining blockbusting: blockbusting A blockbusting film or book is one that is very successful, usually because it is very exciting. Redlining is the unethical practice where financial institutions make it extremely difficult or impossible for residents of poor inner-city neighborhoods to borrow money, gain approval for a . Definition of Blockbusting . More examples This is an open invitation to blockbusting, as described in Definition 2. Blockbusting The practice of illegally frightening homeowners by telling them that people who are members of a particular race, religion, or national origin are moving into their neighborhood and that they should expect a decline in the value of their property. blockbusting - WordReference English dictionary, questions, discussion and forums. I like his style, and emphasis on breaking out of the inhibiting ways we usually think. All Free. (American English) A technique used to encourage people to sell their property by giving the impression that a neighborhood is changing for the worse, especially by implying a change in its racial makeup verb (used with or without object) to subject or be subjected to blockbusting: Developers blockbusted in order to buy up the entire area. : Un spectacle qui ne se vit normalement qu'au cinma. This is an open invitation to blockbusting, as described in Definition 2. Essentially, panic selling in real estate occurs when an investor or homeowner offloads one or multiple properties quickly, and often for less than market value. blockbusting - Translation to Spanish, pronunciation, and forum discussions. Remember, the definition of blockbusting is the discriminatory practice of encouraging homeowners to sell below market value because the socioeconomics of the neighborhood is declining, specifically by the influx of minorities into that area. . Blockbusting Definition: Attempt to manipulate sale prices of real property by making representations as to crime rate or ethnic ratios. For example, a company may hire a Latino woman to walk around a neighborhood and act as though she lives there. Def: An unethical real-estate practice by which realtors convince white property owners to sell their holdings at low prices because of fear that persons of color will soon move into the neighborhood. (JOURNALISM, INFORMAL) adj ADJ n .the blockbusting sci-fi movie `Suburban Commando'. The search for the next blockbusting writer continues. 0. Thus blockbusting generates more revenue only for an intermediate range of racial preferences. Previous Next Learn more. The practice of blockbusting is considered as an illegal act and banned by many state laws. blockbusting definition: 1. Making house-by-house telephone calls urging . Definition of blockbusting adjective in Oxford Advanced Learner's Dictionary. This is an open invitation to blockbusting. A new paper looks at the science of a craven question: When does it make business sense to leverage racial fears? If it happens, it will eventually lower property values in current R-1 areas at least temporarily and raise them in places .

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