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Rachmanism

/ˈrækməˌnɪzəm/
noun
1.
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
Word Origin
C20: after Perec Rachman (1920–62), British property owner born in Poland
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
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