difference between blockbusting and panic peddling

Nashville: Vanderbilt University Press, 2010. any person associated with the buyer or renter. It is carried out by convincing investors to purchase securities, usually at very high prices, without informing them of the negative aspects or the risks associated with the product. According to census data, the median home price in Compton in 1960 was only $12,800. WebBlockbusting, or panic peddling, was common throughout the city and would happen if a house in a predominately white area was sold to an African American. That is, it became true that a Black person moving to your neighborhood meant your value declined because, of course, property values are largely the function of social decision and social beliefs. a. B. Lesson Summary Panic peddling is an illegal real estate practice. The difference is that blockbusting agents use the information to spread rumors of the decline in property value in a particular area due to a specific ethnic group moving to that area. Blockbusting can be used in a sentence to describe a practice employed by real estate agents to solicit sales in a specific neighborhood by rumors and fear-mongering of an arriving influx of a racial or ethnic group. Tomorrow we're going to hear about that from Billy Ross. If HUD determines that the state or local agency in which the complaint was filed has the same fair housing powers as HUD, the complaint is referred to that agency for investigation, and the complainant is notified of the referral. If you worked hard, you have the money to be able to move into Compton. So, you know, I raised my son elsewhere. This means that qualified properties are not required to accept tenants who qualify, based on age, if the tenants have a minor living with them. Guaranteed property rights to all citizens regardless of race. But by the 1970s, it Which of the following administers the federal Fair Housing Act of 1968? This text may not be in its final form and may be updated or revised in the future. Lackey, Joseph. Blockbusting, which is also known as panic selling and panic peddling, is an illegal racial discrimination practice wherein real estate brokers attempt to change the racial composition of a neighborhood by encouraging listings and sales in a neighborhood. Protects the following classes in all states: Race Color Religion National Origin Sex Physical or Mental Handicapped Familial Status. Dictionary.com Unabridged But droves of other white residents abandoned Compton during these years, and Black families like Robert Johnson's moved in. A rent subsidy program that assists eligible, low-income families in obtaining decent, safe and sanitary house. The criteria used to select tenants should be objective, consistent and relevant to the applicant's ability to fulfill the obligations of tenancy.Rent-to-income ratio Credit history Rental history Household size Rental applications must conform to the Fair Housing Act and leasing agents must be careful about what questions they ask. Coerce, intimidate, threaten, or interfere with people who are exercising their right to fair housing opportunities. After a lengthy exchange with members of the Oak Forest Property Owners Association at the next hearing on June 19, the board rejected the ordinance. To pay the federal government a civil penalty to vindicate the public interest. Blockbusting is an unethical practice and is illegal in many states, but it continues to persist in some areas. Johnson's family paid $17,500, and their home was smaller than most in the area. JOHNSON: Mr. Scott (ph). d. The owner of a five-unit apartment building advertising for adults only. BILLY ROSS: And you go elsewhere looking to carve out some economic security. Blockbusting is when real estate agents, brokers, and investors try to convince homeowners to sell their property quickly by creating a false impression of an areas desirability, typically by creating a fear of forthcoming rapid changes in the demographic composition of the area (such as an influx of a racial group). JONAKI MEHTA, BYLINE: There's this day that's been imprinted on Robert Johnson's mind for the past 60 years. 1960s and early 1970s. Then, HUD may authorize the Attorney General to go to court to seek temporary or preliminary relief, pending the outcome of the complaint, if: Irreparable harm is likely to occur without HUD's intervention. Steering occurs, for example, when real estate agents do not tell buyers about available properties that meet their criteria, or express views about communities, with the purpose of directing buyers away from or towards certain neighborhoods due to their race or other protected characteristic. Specifically, the law prohibits denying a person who is a member of a protected class access or membership to, or participation in, any multiple listing service, real estate brokers' organization or other service, organization, or facility relating to the business of selling or renting dwellings. And what they were doing was they were panic selling. The complainant may also choose his/her own attorney. Yeah. Has a mental or physical impairment that substantially limits one or more major life activities. Blockbusting is a real estate WebBlockbusting, which is also known as panic selling and panic peddling, is an illegal If the complainant cannot afford an attorney, the court may appoint one. His new next-door neighbor noticed the same thing. And that was my first indication that something was going on. It's unlawful to discriminate in the sale, rental, or financing of housing, or in the provision of brokerage and appraisal services because of a person's protected class. Cool in the pan. A court may award actual and punitive damages. The first time you log in to our catalog you will need to create an account. Meanwhile, tensions between police and residents ramped up as the crack epidemic took hold in Compton in the 1980s. Steering b. Blockbusting, or panic peddling, was a process whereby real estate agents urged white property owners to sell their property at low prices (often below market value) in response to their fear that black families would move into their neighborhood. The result was a significant drop in value for neighboring homes, often leading to disinvestment, segregation, and other issues for the remaining residents. d. To keep readily accessible first-floor units available for handicapped tenants, Complaints about discrimination may be brought: a. to the Secretary of State b. directly to the court c. to the NAR d. to the NRA, If a minority prospect asks to be shown apartments in white neighborhoods, agents should: a. choose and show apartments in white neighborhoods b. show apts in geographical areas requested regardless of racial makeup c. ignore the prospect and show apartments they thing suit the prospect's needs d. show the prospect which ares are white and let the person choose one, The Fair Housing Act states that it is illegal to discriminate against any person because of race, color, religion, national origin, sex, familial status, or handicap: a. in advertising the renting of commercial property b. in all secured financing of housing and commercial property c. in only the sale of the housing d. in the sale or rental of housing, The broker's obligation in regard to equal opportunity in housing is: a. to replace white residents with minority homeowners. The owner either was the most recent occupant of the home OR has not already used this "private owner" exemption during the previous 24 months. Real estate agents in areas with changing demographics may still take advantage of the situation in order to make a profit, and some may do so by targeting those of a certain race or ethnicity. Kirk, John. CHANG: Then, those agents would turn around and sell those homes at inflated prices to Black buyers who were eager to make a start in better neighborhoods. All prospects must be given the opportunity to choose from the entire inventory of available housing. c. to practice fair housing in a discriminatory way d. to discriminate only to preserve the stability of a neighborhood, The Civil Rights Act of 1968 and its amendments: a. provide only financial penalties when violence is threatened or used. According to the court, black people had no rights by law that white people were bound to respect. Moreover, contracts often contained racially restrictive covenants that denied the sale or rental of property to African Americans. Made major changes to Title VII, including the addition of two more protected classes to the Fair Housing Act: families with children and handicapped persons. An illegal practice in which licensees or others encourage homeowners to sell because of an influx or expected influx of minorities into the area. Is regarded as having such impairment. JUANITA SANCHEZ: There lived a white person with a son. Oftentimes, when a neighborhood turns white, property values go up. Even those states that had abolished slavery treated blacks as inferior. . HUD takes the following actions: Notifies the alleged violator of the complaint and permits that person to submit an answer. Web1. It's a city just south of downtown LA that was in the midst of transforming from all white to majority Black. Rathke, Wade. And they didn't say this. JOHNSON: And so I thought it was moving day for everybody - everybody just switch houses (laughter). Fayetteville: University of Arkansas Press, 2008. Can help to determine if licensees are violating any fair housing laws or regulations. Save my name, email, and website in this browser for the next time I comment. The home is sold without the help of a real estate licensee. In Dred Scott vs. Sanford (1857), the U.S. Supreme Court ruled that persons of African descent were not "citizens" of the United States and therefore were not entitled to any rights. If HUD finds reasonable cause to believe that discrimination has occurred, the complainant is informed. Does a landlord-tenant ordinance apply to the facility? Indicating through words or conduct that a dwelling is available for inspection, sale, or rental has been sold or rented. But then CHANG: But then she says most of those white families on this block started leaving. It is often correlated with low-income and minority neighborhoods that have fewer resources, creating a cycle of gentrification and loss of cultural identity. Other Tools to Combat Housing Discrimination. All Rights Reserved. CAMARILLO: The housing stock was relatively new - three-bedroom, two-bath, suburban tract homes. WebWith blockbusting, real estate companies legally profited from the arbitrage, the difference WebThe project seeks to unearth lesser-known artifacts of this history and to link them to other housing discrimination tactics, such as redlining, panic peddling and blockbusting. In the 1950s, the city of Compton was nearly all-white. Department of Health, Education, and Welfare c. Department of Education and Registration d. Superintendent of Government Affairs. Although the Fair Housing Act of 1968 prohibited blockbusting and racial discrimination, the practice continued as many agents modified their approach by adopting more subtle vocabulary. Article I of the U.S. Constitution considered slaves as "three-fifths" of a person for purposes of determining a state's population for representation in Congress. b. MEHTA: That's Kitty Felde, who's white. CHANG: Johnson says this park used to be fully staffed with adults who would supervise the kids while they played ball games. Accuracy and availability may vary. The ADA must be obeyed by private employers and providers of public accommodations and makes it unlawful for them to commit intentional acts or omissions that cause discrimination against physically or mentally disabled persons.

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