The Archdiocese of Chicago this week condemned real estatepractices that promote "racial exploitation for financial gain" andoffered 10 guidelines to achieve fair housing.
The archdiocesan community services department said in astatement: "Abuses by some real estate interests have undermined theeconomic stability of many neighborhoods and have heightened racialdivisions within our city.
"People who live in changing neighborhoods are often victimizedby such unethical practices as panic peddling, blockbusting and fastforeclosure schemes. Homeowners have a right to protect theirinvestments against such practices."
The archdiocese, however, is not taking a …
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