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blockbusting

[blok-buhs-ting] /ˈblɒkˌbʌs tɪŋ/
noun
1.
the profiteering practice by unscrupulous real-estate agents or speculators of reselling or renting homes that they obtain by inducing panic selling at prices below value, especially by exploiting racial prejudices.
Origin
1940-1945
1940-45; block + bust2 + -ing1

blockbust

[blok-buhst] /ˈblɒkˌbʌst/
verb (used with object), verb (used without object)
1.
to subject or be subjected to blockbusting:
Developers blockbusted in order to buy up the entire area.
Origin
Americanism; by back formation from blockbuster or blockbusting
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Examples for blockbusting
  • It also described public hearings on blockbusting, the first in the nation by a government agency.
  • Specifically prohibited are steering, blockbusting, and other forms of housing discrimination.
  • Historically, blockbusting and steering were techniques commonly used by realtors to prevent segregation of neighborhoods.
British Dictionary definitions for blockbusting

blockbusting

/ˈblɒkˌbʌstɪŋ/
noun
1.
(US, informal) the act or practice of inducing the sale of property cheaply by exploiting the owners' fears of lower prices if racial minorities live in the area
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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Slang definitions & phrases for blockbusting

blockbust

verb

To persuade white property owners to sell their houses quickly by arousing a fear that blacks are moving into the neighborhood (1960s+)


The Dictionary of American Slang, Fourth Edition by Barbara Ann Kipfer, PhD. and Robert L. Chapman, Ph.D.
Copyright (C) 2007 by HarperCollins Publishers.
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