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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.
Blockbusting is a two-player game in which players alternate choosing squares from a line of squares, with one player aiming to choose as many pairs of adjacent squares as possible and the other player aiming to thwart this goal. Elwyn Berlekamp introduced it in 1987, as an example for a theoretical construction in combinatorial game theory. [1 ...
The real estate and housing market can also affect your home’s value. Typically, the value of homes in the U.S. increases 4.6% annually, though that’s a long-term average that can vary widely ...
Blockbusting is an unethical business practice used in the United States real estate market. Blockbusting may also refer to: Blockbusting (game) , a combinatorial game in which players occupy cells on a 1 × n {\displaystyle 1\times n} strip
Talk with a real estate agent. Experienced real estate agents know the local market and can provide market-specific advice on what buyers in your area value most. Get a pre-listing inspection.
To his point, the commercial real estate loan distress rate—or the percentage of loans that have been delinquent for over 30 days—soared 480% from February 2023 to 8.6%, signaling more capital ...
The real estate business practice of "blockbusting" was a for-profit catalyst for white flight, and a means to control non-white migration. By subterfuge, real estate agents would facilitate black people buying a house in a white neighborhood, either by buying the house themselves, or via a white proxy buyer, and then re-selling it to the black ...
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