rachmanism

World English Dictionary
Rachmanism (ˈrækməˌnɪzəm)
 
n
extortion or exploitation by a landlord of tenants of dilapidated or slum property, esp when involving intimidation or use of racial fears to drive out sitting tenants whose rent is fixed at a low rate
 
[C20: after Perec Rachman (1920--62), British property owner born in Poland]

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