This article describes a squatter settlement that arose in Belgrade between the two world wars and the communities that lived in it and fought for their right to housing. At the end of the war in 1918, a completely new phenomenon appeared in Belgrade—the squatter settlement. Jatagan-mala was the largest and best known among them. It is used as a case in point to analyze the municipal authorities’ attitude toward squatter settlements and their residents. It is shown how Belgrade Municipality threatened to demolish Jatagan-mala and then partially tore it down, and how it dealt with those who, as a result, were left without a roof over their head. The article also describes the residents’ battle not to lose their homes. Organized and strong in the beginning, over time, their efforts flagged, and in the end, they haggled over monetary compensation for their demolished homes.