Might mean (unverified): Exploitative rent practices by landlords.
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We found 2 dictionaries that define the word Rackmanism:

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  1. Rackmanism: Wiktionary
  2. Rackmanism: Wikipedia, the Free Encyclopedia

Definitions from Wiktionary (Rackmanism)

noun:  The practice of charging extortionate rents for inferior properties, especially to poor, disadvantaged or immigrant tenants.

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