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Wednesday, October 11, 2017

slum landlords



"A slumlord (or slum landlord) is a derogatory term for a landlord, generally an absentee landlord with more than one property, who attempts to maximize profit by minimizing spending on property maintenance, often in deteriorating neighborhoods. 

Severe housing shortages allow slumlords to charge higher rents, and when they can get away with it, to break rental laws."

https://en.wikipedia.org/wiki/Slumlord
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