Definitions

from The American Heritage® Dictionary of the English Language, 5th Edition.

  • noun The practice of persuading white homeowners to sell quickly and usually at a loss by appealing to the fear that nonwhite groups will move into the neighborhood, causing property values to decline. The property is then resold at inflated prices.

from Wiktionary, Creative Commons Attribution/Share-Alike License.

  • noun US A technique used to encourage people to sell their property by giving the impression that a neighborhood is changing for the worse, especially by implying a change in its racial makeup
  • adjective Having the characteristics of a blockbuster; hugely successful.

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