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blockbust

[blok-buhst]
verb (used with or without object)
  1. to subject or be subjected to blockbusting: Developers blockbusted in order to buy up the entire area.
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Origin of blockbust

Americanism; by back formation from blockbuster or blockbusting
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018