Search results
Results from the WOW.Com Content Network
Blockbusting was a business practice in the United States in which real estate agents and building developers convinced residents in a particular area to sell their property at below-market prices. This was achieved by fearmongering the homeowners, telling them that racial minorities would soon be moving into their neighborhoods.
Notably, the formation of the Latin Kings in 1954 and the Simon City Royals in 1956, demographic shifts and homeowner fears exacerbated by blockbusting in 1962, [4] the Division Street riots in 1966, and finally the arrival of La Raza Nation in 1985; All in part serving as the impetus for the formation of subsequent gangs and a broader culture ...
Racial segregation in Atlanta has known many phases after the freeing of the slaves in 1865: a period of relative integration of businesses and residences; Jim Crow laws and official residential and de facto business segregation after the Atlanta Race Riot of 1906; blockbusting and black residential expansion starting in the 1950s; and gradual integration from the late 1960s onwards.
In an infamous 1962–63 episode that came to be called "the Peyton Road Affair", Atlanta mayor Ivan Allen responded to residents' fears of blockbusting by directing city staff to erect barricades on Peyton Road and Harlan Road to restrict access to Cascade Heights, thus preventing African-American homeseekers from getting to the neighborhood ...
A member of the State Fair Employment Practice Commission, the agency which enforced the Rumford Fair Housing Act, asserted that some members of the California Real Estate Association were promoting their initiative campaign to repeal the Rumford Fair Housing Act to continue blockbusting.
The "wall" was a short barricade, about 3 feet (0.91 m) tall, [16] made of wood and steel. [17] Almost immediately after the barricade was erected, the African American community in Atlanta began to voice their disapproval of the structure.
Among the asserted practices was that Keefe attempted to generate sales by panicking white homeowners into selling at below-market prices by suggesting that African Americans would soon be living nearby, then selling the houses to African Americans at market value or higher (a practice known as blockbusting).
Perec "Peter" Rachman (16 August 1919 – 29 November 1962) was a Polish-born landlord who operated in Notting Hill, London, England, in the 1950s and early 1960s.He became notorious for his exploitation of his tenants, with the word "Rachmanism" entering the Oxford English Dictionary as a synonym for the exploitation and intimidation of tenants.