Etymology

rent-lowering gunshot

Today it means: An action, often with a potential perceived negative quality, performed to drive people away. Full definition →

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The story

Coined by analogy from a Twitter post by user 2Brazy4U on May 26, 2018; "When you move into an apartment you gotta shoot into the air every couple of weeks to make sure the rent don't go up".

Etymology from Wiktionary, CC BY-SA 4.0.