The act of a real estate agent showing minority homebuyers properties for sale in White neighborhoods only. This act causes a panic sale among White homeowners who fear high crime and stagnating or plummeting values of there own property. This panic sale creates more business for the scandalous real estate agent.
Since real estate steering occurred in my neighborhood and the minorities moved in, my property values have dropped by 10%. Crime has increased by 12% and my homeowners insurance is expected to increase by 15%. I didn’t buy a house to loose money, so I will be forced to sell my house before the property values fall even more.
Prices shown in USD.
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