History Main / RealEstateScam

9th Mar '16 7:10:43 AM Hossmeister
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* The ''AllInTheFamily'' episode "The Blockbuster" had the Bunkers dealing with the titular scammer.

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* The ''AllInTheFamily'' ''Series/AllInTheFamily'' episode "The Blockbuster" had the Bunkers dealing with the titular scammer.
1st Dec '15 8:38:56 AM babyhenchy1
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* Subverted on ''Series/{{Daredevil}}''. A slumlord is using vandalism and intimidation to drive out his rent-control tenants. Matt and Foggy suspect that he is planning to build condos on the property but while this would not be out of character for the slumlord, he is just an agent of Wilson Fisk and Fisk does not care about making a profit on the property. Fisk promised the property to the Yakuza ([[spoiler: actually a faction controlled by the Hand]]) and they do not want the residents getting into way of whatever nefarious plan they have for the block of New York estate.

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* Subverted on ''Series/{{Daredevil}}''.''Series/{{Daredevil 2015}}''. A slumlord is using vandalism and intimidation to drive out his rent-control tenants. Matt and Foggy suspect that he is planning to build condos on the property but while this would not be out of character for the slumlord, he is just an agent of Wilson Fisk and Fisk does not care about making a profit on the property. Fisk promised the property to the Yakuza ([[spoiler: actually a faction controlled by the Hand]]) and they do not want the residents getting into way of whatever nefarious plan they have for the block of New York estate.
30th Oct '15 7:55:59 AM Morgenthaler
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* In ''PoliceAcademy 6'', the BigBad orchestrates a crimewave alongside an old bus route, which would soon be the route of a train line. The crimewave would then drive down property prices allowing him to buy them and then resell them when the train line is complete and the price skyrocketed. It's even lampshaded at the end:

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* In ''PoliceAcademy 6'', ''Film/PoliceAcademy6CityUnderSiege'', the BigBad orchestrates a crimewave alongside an old bus route, which would soon be the route of a train line. The crimewave would then drive down property prices allowing him to buy them and then resell them when the train line is complete and the price skyrocketed. It's even lampshaded at the end:



* The film ''LocalHero'' plays around with this trope.

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* The film ''LocalHero'' ''Film/LocalHero'' plays around with this trope.



** Same song, different beat in ''SupermanReturns''. Lex wants to create a new continent in the Atlantic Ocean, destroying half of the US in the process, and then sell it at a premium.

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** * Same song, different beat in ''SupermanReturns''.''Film/SupermanReturns''. Lex wants to create a new continent in the Atlantic Ocean, destroying half of the US in the process, and then sell it at a premium.
7th Sep '15 9:57:50 AM Divra
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* In ''PoliceAcademy 6'', the BigBad orchestrates a crimewave alongside an old bus route, which would soon be the route of a train line. The crimewave would then drive down property prices allowing him to buy them and then resell them when the train line is complete and the price skyrocketed.

to:

* In ''PoliceAcademy 6'', the BigBad orchestrates a crimewave alongside an old bus route, which would soon be the route of a train line. The crimewave would then drive down property prices allowing him to buy them and then resell them when the train line is complete and the price skyrocketed. It's even lampshaded at the end:
--> '''Commisioner Hurst'': So you're saying all of this was nothing more than a real estate scam!?
--> ''' Sgt. Hightower''': A billion-dollar real estate scam, sir.
4th Aug '15 3:14:57 PM samf359
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* ''WesternAnimation/SouthPark'' has the parents of the kids taken to a ski resort in Aspen for a timeshare presentation, an they are unable to leave because they salesmen keep taking them back in the resort till they take their offer.

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* ''WesternAnimation/SouthPark'' has the parents of the kids taken to a ski resort in Aspen for a timeshare presentation, an and they are unable to leave because they salesmen keep taking them back in the resort till they take their offer.
4th Aug '15 3:10:31 PM samf359
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* In ''SaintsRow 2'', one of the minigames available is 'Septic Avenger', where you ride around in a septic-truck and sprays property with crap to lower the values. Ironically, this is feasible because of Ultor's reconstruction of the once-embattled Saints Row district, turning it into an upscale office-park... and creating a severe shortage of low-price housing. Meaning that hard-working low-income families are willing to buy a cheap house even if it's covered in crap. (The realtor-term is "Fixer-upper".)

to:

* In ''SaintsRow 2'', one of the minigames available is 'Septic Avenger', where you ride around in a septic-truck and sprays spray property with crap to lower the values. Ironically, this is feasible because of Ultor's reconstruction of the once-embattled Saints Row district, turning it into an upscale office-park... and creating a severe shortage of low-price housing. Meaning that hard-working low-income families are willing to buy a cheap house even if it's covered in crap. (The realtor-term is "Fixer-upper".)
1st Aug '15 10:07:27 PM karstovich2
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* As mentioned above, "blockbusting" was an unfortunately common practice between the 1940s and 1960s. When relatively affluent African-American families finally were able to buy property in former all-white neighborhoods due to the gradual victories of the Civil Rights movement, real estate moguls would intentionally play up the fear of (mainly working-class) whites and say that the world was going to end. As a result, the moguls were able to buy up the properties at a severe discount, and then sell them back to the arriving African-American families at a steep mark-up. African-American families still had lots of problems finding banks that would give them favorable mortgages, so the deals that they made were very exploitative. The African-American families, therefore, had little extra money to put into repairs or upkeep, leading to an unintentional deterioration of the neighborhood. Thus, whites viewed the African-Americans moving into their neighborhood as a death sentence on their hard-earned property value, and African-Americans viewed whites as part of the system out to exploit them. The entire core of modern racism, all because of some cynical real-estate moguls.

to:

* As mentioned above, "blockbusting" was an unfortunately common practice between the 1940s and 1960s. When relatively affluent African-American families finally were able to buy property in former all-white neighborhoods due to the gradual victories of the Civil Rights movement, real estate moguls would intentionally play up the fear of (mainly working-class) whites and say that the world was going to end. As a result, the moguls were able to buy up the properties at a severe discount, and then sell them back to the arriving African-American families at a steep mark-up. African-American families still had lots of problems finding banks that would give them favorable mortgages, so the deals that they made were very exploitative. The African-American families, therefore, had little extra money to put into repairs or upkeep, leading to an unintentional deterioration of the neighborhood. Thus, whites viewed the African-Americans moving into their neighborhood as a death sentence on their hard-earned property value, and African-Americans viewed whites as part of the system out to exploit them. The entire core of modern racism, all because of some cynical real-estate moguls. The Fair Housing Act of 1968 was intended to deal with some of this, but at the end of the day it barely put a dent in the problem.
11th Jun '15 12:51:47 PM nielas
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Added DiffLines:

* Subverted on ''Series/{{Daredevil}}''. A slumlord is using vandalism and intimidation to drive out his rent-control tenants. Matt and Foggy suspect that he is planning to build condos on the property but while this would not be out of character for the slumlord, he is just an agent of Wilson Fisk and Fisk does not care about making a profit on the property. Fisk promised the property to the Yakuza ([[spoiler: actually a faction controlled by the Hand]]) and they do not want the residents getting into way of whatever nefarious plan they have for the block of New York estate.
10th May '15 3:24:24 AM SeptimusHeap
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* One of the main characters of ''AnEducation'' partakes in "blockbusting": a scam often performed prior to the 1970s in which a ShadyRealEstateAgent would convince white homeowners into selling their homes at a loss to them by implying that black people or other racial minorities would move into the neighborhood and cause property prices to plummet.

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* One of the main characters of ''AnEducation'' ''Film/AnEducation'' partakes in "blockbusting": a scam often performed prior to the 1970s in which a ShadyRealEstateAgent would convince white homeowners into selling their homes at a loss to them by implying that black people or other racial minorities would move into the neighborhood and cause property prices to plummet.



* A major part of the plot of the TimDorsey novel ''Triggerfish Twist''.
* Part of Lockhart's plan to raise the capital to find his father and save his family home in TomSharpe's ''The Throwback''.

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* A major part of the plot of the TimDorsey Creator/TimDorsey novel ''Triggerfish Twist''.
* Part of Lockhart's plan to raise the capital to find his father and save his family home in TomSharpe's Creator/TomSharpe's ''The Throwback''.
18th Apr '15 6:36:02 PM nombretomado
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* ''CSIMiami'' has a murder take place in a neighborhood that turns out to be a plot to lower property values.

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* ''CSIMiami'' ''Series/CSIMiami'' has a murder take place in a neighborhood that turns out to be a plot to lower property values.
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