Ace the PSI New Jersey Real Estate Test 2025 – Unlock Your Property Power!

Question: 1 / 400

What is a common consequence of steering in real estate?

Increased property values

Discriminatory practices in housing

Steering in real estate refers to the practice of guiding prospective homebuyers or renters toward or away from certain neighborhoods based on their race, ethnicity, or other protected characteristics. This behavior is a form of discrimination, as it restricts individuals' choices about where to live based on biases rather than their preferences or financial means.

The consequence of steering is that it perpetuates segregation and limits diverse communities. It can create an environment where certain groups are unfairly blocked from accessing quality housing and neighborhoods, leading to systemic inequities. As a result, discriminatory practices in housing diminish fair housing opportunities and violate principles established by various housing laws, including the Fair Housing Act.

While other options might suggest positive outcomes, steering leads to harmful practices that go against equal access to housing and perpetuate social inequality.

Get further explanation with Examzify DeepDiveBeta

Enhanced community development

Open access to all neighborhoods

Next Question

Report this question

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy