On Blockbusting for Dwell


How Blockbusting and Real Estate Profiteers Cash In on Racial Tension, Dwell, Aug. 13, 2020. 

"A predatory real estate practice, blockbusting leverages racial prejudice to drive white homeowners out of their neighborhoods and coerce them into selling their properties at low prices. Real estate agents and speculators situated a Black household on a block, then capitalized on expectations of declining home values, flipping the vacating homes to Black families to turn a quick profit. Within a short period, a neighborhood’s demographics would change, and the manufactured white flight depreciated prices further in a self-fulfilling prophecy."