Which of the following was a consequence of blockbusting in North American cities?
a. european immigrants moved into housing vacated by upwardly mobile americans
b. poor residents were unable to acquire mortgages
c. real estate agents lost sellers
d. neighborhoods were razed for commercial establishments
e. the ethnic composition of neighborhoods changed

Answers

Answer 1

Answer: e. the ethnic composition of neighborhoods changed

Answer 2

The ethnic composition of neighborhoods changed was a consequence of blockbusting in North American cities. Therefore, option e is correct.

What was the Blockbusting?

Blockbusting, also known as "panic peddling," was a discriminatory and exploitative practice used in the United States during the mid-20th century.

It involved creating fear and panic among white homeowners in predominantly white neighborhoods by spreading false rumors or insinuations that people of color were moving into the area.

This fear was often stoked by real estate agents, who would buy homes in white neighborhoods and then sell them to people of color at inflated prices, sometimes using scare tactics to convince white homeowners to sell quickly at a loss.

The agents would then turn around and sell the same homes to people of color at higher prices, profiting from the price differential. Agents would purchase homes from white homeowners at below-market prices, and then sell them at inflated prices to Black and other minority buyers.

As a result, many previously all-white neighborhoods became integrated or predominantly minority, which caused significant changes in the ethnic composition of these areas.

This process often led to discriminatory practices such as redlining, where financial institutions refused to lend money to people in these neighborhoods, making it difficult for residents to acquire mortgages.

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Explanation:

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