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“Through blockbusting, brokers intentionally stoked fears of racial integration and declining property values in order to push white homeowners to sell at a loss.”50 Brokers would warn white residents of an impending “invasion” of black home buyers. Whites, who feared losing property value and who harbored stereotypes about black people, would sell at a lower price to the broker. The brokers would then sell the properties at inflated rates to black people desperate for homes and comfortable neighborhoods. Blockbusting is an example of how some agents leveraged racism for their personal ...more
The Color of Compromise: The Truth about the American Church’s Complicity in Racism
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