His name gave us the term Rachmanism
, referring to the very worst kind of tenant mistreatment.
The borough that gave birth to Rachmanism
- after Peter Rachman, the slum landlord who became synonymous with exploitation - may now become synonymous with housing its people in a deathtrap.
Maybe a few more of the horrific practices of that time, Rachmanism
and such, have been stopped, but property speculators have always found some other device to use, and many are investors from abroad.
We tackled Rachmanism
through legislation, housing finance and building more local authority housing.
The Oxford English Dictionary contains the noun Rachmanism
, which it defines as "the exploitation and intimidation of tenants by unscrupulous landlords.
To me it smacks of 60s-style Rachmanism
that very expensive rents are being charged, but this time due to the increasing availability of lenders who are prepared, not only to lend, but actively assist and encourage prospective investors.
the extortion of high rents from tenants in slum properties, from Perec Rachman, an unscrupulous London landlord who died in 1962.
The word Rachmanism
had been coined to describe all cheating landlords.