Dec 31 , 2015

Tampa School of Real Estate

Blockbusting

Definition: Profiteering by inducing property owners to sell hastily and often at a loss by appeals to fears of depressed property values because of threatened minority encroachment and then reselling at inflated prices.

Pronunciation: \ˈbläk-ˌbəs-tiŋ\

Used in a Sentence:   The use of blockbusting tactics to  encourage owners  to sell property is illegal.

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