Rachmanism
/ˈrakmənɪz(ə)m
/noun [mass noun] British
The exploitation and intimidation of tenants by unscrupulous landlords.Their housing policies mean that the provision of another yet basic human necessity is made entirely conditional upon the profit motive, encouraging the conditions for a new Rachmanism.
Origin
Named after Peter Rachman (1919–62), a London landlord whose practices became notorious in the early 1960s.