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The act of evicting tenants from their rental houses and apartments by greedy landlords who announce huge [renovation] plans that require the emptying of units to be renovated. Once out, the tenants are not allowed to renew their leases until they agree to huge rent increases, sometimes double what they paid before. This is a [portmanteau word], a [combination] of renovation + eviction, invented by Heather Pawsey of Vancouver, Canada.
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