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 History and Origins

Origin of Rachmanism¹

C20: after Perec Rachman (1920–62), British property owner born in Poland