{"id":100376,"date":"2018-10-23T08:02:13","date_gmt":"2018-10-23T01:02:13","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/yujian-apartment-failure-sparks-alarm-bells-for-chinese-rental-sector\/"},"modified":"2018-10-23T09:03:13","modified_gmt":"2018-10-23T02:03:13","slug":"yujian-apartment-failure-sparks-alarm-bells-for-chinese-rental-sector","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/yujian-apartment-failure-sparks-alarm-bells-for-chinese-rental-sector\/","title":{"rendered":"Yujian Apartment failure sparks alarm bells for Chinese rental sector"},"content":{"rendered":"<p>&#013;<br \/>\nThe bankruptcy of a major Chinese rented-flat operator backed by Xiaomi founder Lei Jun has highlighted the inherent risk of the previously high-flying sector\u2019s heavy reliance on debt-fuelled growth, according to analysts.<br \/>\nHundreds of landlords have reported over the past week that they have not been paid October rents from Shanghai-based Yujian Apartment while many of the firm\u2019s tenants say have been asked to leave their flats if they owe rent.<br \/>\nA local bank is also believed to have&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/property\/hong-kong-china\/article\/2169689\/yujian-apartment-failure-sparks-alarm-bells-chinese-rental\" target=\"_blank\">Yujian Apartment failure sparks alarm bells for Chinese rental sector<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; The bankruptcy of a major Chinese rented-flat operator backed by Xiaomi founder Lei Jun has&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-100376","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-q6Y","jetpack-related-posts":[{"id":124602,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-crisis-auditor-resignations-trigger-alarm-bells-amid-hidden-debt-at-chinese-property-developers\/","url_meta":{"origin":100376,"position":0},"title":"Evergrande crisis: auditor resignations trigger alarm bells amid hidden debt at Chinese property developers","date":"February 16, 2022","format":false,"excerpt":"\r A spate of auditor resignations at Chinese property companies is reigniting concerns about financial transparency in an industry facing a credit squeeze and more than US$60 billion of bond redemptions this year.PwC quit its role at Hopson Development on January 27, citing inadequate access to necessary information, while Deloitte\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140424,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/troubled-chinese-shadow-bank-zhongzhi-warns-it-is-severely-insolvent-after-asset-shortfall-failed-bailouts\/","url_meta":{"origin":100376,"position":1},"title":"Troubled Chinese shadow bank Zhongzhi warns it is \u2018severely insolvent\u2019 after asset shortfall, failed bailouts","date":"November 23, 2023","format":false,"excerpt":"\r Zhongzhi Enterprise Group, one of mainland China\u2019s largest shadow banks, has warned investors of an asset shortfall, setting off alarm bells in the trust sector which invests a large portion of investors\u2019 money in real estate projects.\r \r Source : South China Morning Post\r Read more...Troubled Chinese shadow bank\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119395,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-media-lay-into-new-york-listed-home-rental-platform-danke-as-they-urge-authorities-to-not-let-exploiters-get-away\/","url_meta":{"origin":100376,"position":2},"title":"Chinese media lay into New York-listed home rental platform Danke as they urge authorities to not let exploiters get away","date":"December 1, 2020","format":false,"excerpt":"\r China\u2019s state media urged authorities to take a hard look at the rental apartment industry after a liquidity crunch at New York-listed services provider Danke sparked an outcry from furious landlords and tenants across the country.Danke, officially known as Phoenix Tree Holding, rents flats from landlords on a long-term\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":12062,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/insurance-case-rings-alarm-bells\/","url_meta":{"origin":100376,"position":3},"title":"Insurance case rings alarm bells","date":"May 7, 2016","format":false,"excerpt":"\r Insurers and property bosses are alarmed about a Court of Appeal ruling out last month, which cleared tenants of an Auckland rental property burnt when a pot of hot oil was left on the stove.The upshot is that more than 1.3 million...\r \r Source : nzherald.co.nz\/Property\r Read more...Insurance case\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":79028,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/will-chinas-rental-home-drive-to-quash-speculation-fuel-another-property-bubble\/","url_meta":{"origin":100376,"position":4},"title":"Will China\u2019s rental home drive to quash speculation fuel another property bubble?","date":"February 6, 2018","format":false,"excerpt":"\r China\u2019s developers, apartment operators, banks and securities exchanges have dived into the country\u2019s rental home market with zest since last October, in response to Chinese President Xi Jinping\u2019s new housing model of developing the rental market to quash speculation. But their unanimous enthusiasm has now raised fears of an\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":59072,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/fault-in-adt-burglar-alarm-left-our-rental-property-unprotected\/","url_meta":{"origin":100376,"position":5},"title":"Fault in ADT burglar alarm left our rental property unprotected","date":"June 27, 2017","format":false,"excerpt":"\r We discovered the alarm wasn\u2019t working and have no idea how long it\u2019s been out, but ADT isn\u2019t acknowledging the problemWe have an ADT burglar alarm on our house in west London, but recently discovered it wasn\u2019t working and have no idea how long it has been out. It\u2019s\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/100376"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=100376"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/100376\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=100376"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=100376"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=100376"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}