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Slumlord
A slumlord (or slum landlord) is a slang term for a landlord, generally an absentee landlord with more than one property, who attempts to maximize profit by minimizing spending on property maintenance, and usually rents to tenants that they can intimidate. Severe housing shortages allow slumlords to charge higher rents and, when they can get away with it, to break rental laws. A "retail slumlord" is one who keeps a shopping mall in a bad shape and may not pay taxes until the government buys or confiscates it. The origin of the term "slumlord" is unknown, but an early mention can be found in the 1927 journal article "Theories, Facts, and Figures" by William L. Hare in the academic journal ''Garden Cities & Town Planning: A Journal of Housing, Town Planning & Civic Improvement'' Hare credits the 'polemical press' of the time for referring to landlords of areas referred to as slums as slumlords. Operation Traditionally, real estate is seen as a long-term investment to most buy ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Landlord
A landlord is the owner of property such as a house, apartment, condominium, land, or real estate that is rented or leased to an individual or business, known as a tenant (also called a ''lessee'' or ''renter''). The term landlord applies when a juristic person occupies this position. Alternative terms include lessor and owner. For female property owners, the term landlady may be used. In the United Kingdom, the manager of a pub, officially a licensed victualler, is also referred to as the landlord/landlady. In political economy, landlord specifically refers to someone who owns natural resources (such as land, excluding buildings) from which they derive economic rent, a form of passive income. History The concept of a landlord can be traced to the feudal system of manoralism ( seignorialism), where landed estates were owned by Lords of the Manor ( mesne lords). These lords were typically members of the lower nobility who later formed the rank of knights during ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Michael X
Michael X (17 August 1933 – 16 May 1975), born Michael de Freitas, was a Trinidad and Tobago-born self-styled black revolutionary, convicted murderer, and civil rights activist in 1960s London. He was also known as Michael Abdul Malik and Abdul Malik. Convicted of murder in 1972, Michael X was executed by hanging in 1975 in Port of Spain's Royal Gaol. Biography Michael de Freitas was born in Belmont, Port of Spain, Trinidad and Tobago, to an "Obeah-practising black woman from Barbados and an absent Portuguese father from St Kitts". Busby, Margaret"Notting Hill to death row"(review of ''Michael X: A Life In Black And White'', by John Williams), ''The Independent'', 8 August 2008. Encouraged by his mother to pass for white, "Red Mike" was a headstrong youth and was expelled from school at the age of 14. In 1957, he emigrated to the United Kingdom, where he settled in London and worked as an enforcer and frontman for Peter Rachman, the notorious slum landlord. He professed t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oxford English Dictionary
The ''Oxford English Dictionary'' (''OED'') is the principal historical dictionary of the English language, published by Oxford University Press (OUP), a University of Oxford publishing house. The dictionary, which published its first edition in 1884, traces the historical development of the English language, providing a comprehensive resource to scholars and academic researchers, and provides ongoing descriptions of English language usage in its variations around the world. In 1857, work first began on the dictionary, though the first edition was not published until 1884. It began to be published in unbound Serial (literature), fascicles as work continued on the project, under the name of ''A New English Dictionary on Historical Principles; Founded Mainly on the Materials Collected by The Philological Society''. In 1895, the title ''The Oxford English Dictionary'' was first used unofficially on the covers of the series, and in 1928 the full dictionary was republished in 10 b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Leasehold Estate
A leasehold estate is an ownership of a temporary right to hold land or property in which a lessee or a tenant has rights of real property by some form of title from a lessor or landlord. Although a tenant does hold rights to real property, a leasehold estate is typically considered personal property. Leasehold is a form of land tenure or property tenure where one party buys the right to occupy land or a building for a given time. As a lease is a legal estate, leasehold estate can be bought and sold on the open market. A leasehold thus differs from a freehold or fee simple where the ownership of a property is purchased outright and after that held for an indeterminate length of time, and also differs from a tenancy where a property is let (rented) periodically such as weekly or monthly. Terminology and types of leasehold vary from country to country. Sometimes, but not always, a residential tenancy under a lease agreement is colloquially known as renting. The leaseholder can r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
London
London is the Capital city, capital and List of urban areas in the United Kingdom, largest city of both England and the United Kingdom, with a population of in . London metropolitan area, Its wider metropolitan area is the largest in Western Europe, with a population of 14.9 million. London stands on the River Thames in southeast England, at the head of a tidal estuary down to the North Sea, and has been a major settlement for nearly 2,000 years. Its ancient core and financial centre, the City of London, was founded by the Roman Empire, Romans as Londinium and has retained its medieval boundaries. The City of Westminster, to the west of the City of London, has been the centuries-long host of Government of the United Kingdom, the national government and Parliament of the United Kingdom, parliament. London grew rapidly 19th-century London, in the 19th century, becoming the world's List of largest cities throughout history, largest city at the time. Since the 19th cen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Notting Hill
Notting Hill is a district of West London, England, in the Royal Borough of Kensington and Chelsea. Notting Hill is known for being a wikt:cosmopolitan, cosmopolitan and multiculturalism, multicultural neighbourhood, hosting the annual Notting Hill Carnival and the Portobello Road Market. From around 1870, Notting Hill had an association with artists. 'Notting Hill and Bayswater', Old and New London: Volume 5 (1878), pp. 177-88. For much of the 20th century, the large houses were subdivided into multi-occupancy rentals. Continental Europe, Continental Eastern Europeans in the United Kingdom, Europeans, British African-Caribbean people, Caribbeans (British African-Caribbean people, African Caribbeans, Indo-Caribbean people, Indian Caribbeans, and White Caribbeans), Black British people, Africans, British Indian, Indians, British Arabs, Ara ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Peter Rachman
Perec "Peter" Rachman (16 August 1919 – 29 November 1962) was a Polish-born landlord who operated in Notting Hill, London, England, in the 1950s and early 1960s. He became notorious for his exploitation of his tenants, with the word "Rachmanism" entering the ''Oxford English Dictionary'' as a synonym for the exploitation and intimidation of tenants. Early life and World War II Rachman was born in Lwów (then part of pre-war Poland, now Ukraine) in 1919, the son of Jewish parents. His father was a dentist. After the German invasion of Poland in 1939, Rachman may have joined the Polish resistance. He was first interned by the Germans and, after escaping across the Soviet border, was reinterned in a Soviet labour camp in Siberia and cruelly treated. After the Germans invaded the Soviet Union in 1941, Rachman and other Polish prisoners joined the II Polish Corps and fought with the Allies in the Middle East and Italy. After the war he stayed with his unit, as an occupation force ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Property Tax
A property tax (whose rate is expressed as a percentage or per mille, also called ''millage'') is an ad valorem tax on the value of a property.In the OECD classification scheme, tax on property includes "taxes on immovable property or Wealth tax, net wealth, taxes on the change of ownership of property through Inheritance tax, inheritance or Gift tax, gift and Financial transaction tax, taxes on financial and capital transactions" (see: ), but this article only covers taxes on realty. The tax is levied by the governing authority of the jurisdiction in which the property is located. This can be a national government, a federated state, a county or other Region, geographical region, or a Local government, municipality. Multiple jurisdictions may tax the same property. Often a property tax is levied on real estate. It may be imposed annually or at the time of a real estate transaction, such as in real estate transfer tax. This tax can be contrasted with a rent tax, which is based ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Speculation
In finance, speculation is the purchase of an asset (a commodity, good (economics), goods, or real estate) with the hope that it will become more valuable in a brief amount of time. It can also refer to short sales in which the speculator hopes for a decline in value. Many speculators pay little attention to the fundamental value of a security and instead focus purely on price movements. In principle, speculation can involve any tradable good or financial instrument. Speculators are particularly common in the markets for stocks, bond (finance), bonds, commodity futures, currency, currencies, cryptocurrency, fine art, collectibles, real estate, and derivative (finance), financial derivatives. Speculators play one of four primary roles in financial markets, along with hedge (finance), hedgers, who engage in transactions to offset some other pre-existing risk, arbitrageurs who seek to profit from situations where Fungibility, fungible instruments trade at different prices in dif ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Flipping
In finance, flipping is purchasing an asset to quickly resell (or "flip") it for profit. Within the real estate industry, the term is used by investors to describe the process of buying, rehabbing, and selling properties for profit. In 2017, 207,088 houses or condos were flipped in the US, an 11-year high. That number represents 5.9 percent of all single-family properties sold during that year Effects Bubbles A spate of flipping often creates an economic bubble which then bursts, such as during the Florida land boom of the 1920s. In the 2000s, relaxed federal borrowing standards (including subprime lending) allowed a borrower to purchase a home with little or no money down, which may have led directly to a boom in demand for houses. Because it was easy to borrow, many investors bought homes as property speculation with no intent to live in them. Since the demand outstripped the supply, prices rose, giving a short-term profit. This resulted in an inflationary spiral until th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dispatches (TV Series)
''Dispatches'' is a British current affairs (news format), current affairs documentary film, documentary programme on Channel 4, first broadcast on 30 October 1987. The programme covers British society, politics, health, religion, international current affairs and the natural environment, environment, and often involves a spy who infiltrates organisations under journalistic investigation. Awards British Academy Television Awards The British Academy Television Awards are presented in an award show hosted by the BAFTA. They have been awarded annually since 1955. British Academy Television Craft Awards The British Academy Television Craft Awards are accolades presented by the British Academy of Film and Television Arts, established in 2000 as a way to spotlight technical achievements. RTS Awards The Royal Television Society Awards are the gold standard of achievement in the television community. Each year six awards recognise excellence across the entire range of programme makin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
