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Blockbusting |
Also found in: Dictionary/thesaurus, Financial, Wikipedia | 0.04 sec. |
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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. The purpose of this scheme is to get the homeowners to sell out at a deflated price. An unscrupulous real estate agent will subsequently sell the vacated homes to minority group members at an inflated price, thereby obtaining a large profit. Fair access to housing is defeated by blockbusting. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Unusually, perhaps, for such a consciously blockbusting project, it draws together ancient and modern, the archaeological and the immediate, with exhibition spaces for Nuragic and contemporary art, together with a library, congress hall, offices and retail space. Curators have lately been slicing the blockbusting Impressionists from every thematic angle: horse races, portraits, cityscapes, Mediterranean views. If this life is my blockbusting movie, then I have a lot more important jazz to worry about. |
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