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Rachmanism

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
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Word Origin for Rachmanism

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 Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012