The city of Hradec Králové in the Czech Republic has decided to sell a former convent building containing 177 small apartments. Located in the Moravské Předměstí district, the building previously served as housing for nuns. The sale has triggered concerns among local residents about the potential for the property to be purchased by individuals who exploit vulnerable populations. Locals fear the building will be converted into low-quality, overcrowded housing for socially disadvantaged individuals, a practice commonly referred to as “profiteering from poverty.” This is not the first time such concerns have arisen regarding the property. The city has not yet announced details regarding potential buyers or safeguards against exploitative practices. Residents are hoping for transparency and responsible development of the site.