{"id":119269,"date":"2020-11-18T18:15:15","date_gmt":"2020-11-18T11:15:15","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/evicted-tenants-unpaid-landlords-furious-at-cash-strapped-new-york-listed-chinese-home-rental-platform-danke\/"},"modified":"2020-11-18T19:06:43","modified_gmt":"2020-11-18T12:06:43","slug":"evicted-tenants-unpaid-landlords-furious-at-cash-strapped-new-york-listed-chinese-home-rental-platform-danke","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evicted-tenants-unpaid-landlords-furious-at-cash-strapped-new-york-listed-chinese-home-rental-platform-danke\/","title":{"rendered":"Evicted tenants, unpaid landlords furious at cash-strapped, New York-listed Chinese home rental platform Danke"},"content":{"rendered":"


\nThe evictions of tenants from flats in mainland China leased by one of the country\u2019s biggest online home rental platforms has sparked renewed concerns about financial risks in the highly leveraged, fast-growing sector.New York-listed Phoenix Tree Holdings, commonly known as Danke, having taken upfront payments from tenants who had borrowed the money from banks, then failed to pay the landlords it was renting the properties from, according to furious tenants and landlords who gathered to protest\u2026
\n
\nSource : South China Morning Post
\nRead more…Evicted tenants, unpaid landlords furious at cash-strapped, New York-listed Chinese home rental platform Danke<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The evictions of tenants from flats in mainland China leased by one of the country\u2019s...<\/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-119269","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-v1H","jetpack-related-posts":[{"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":119269,"position":0},"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 "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119542,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-tenants-landlords-left-dismayed-by-danke-debacle-after-us-listed-firm-fails-to-pay-up-leading-to-evictions\/","url_meta":{"origin":119269,"position":1},"title":"Chinese tenants, landlords left dismayed by Danke debacle after US-listed firm fails to pay up, leading to evictions","date":"December 15, 2020","format":false,"excerpt":"\r For Henry Wang and thousands of other young tenants across China, the business model pitched by one of China\u2019s largest rental specialists seemed to be exactly what they were looking for \u2013 a win-win arrangement in which they were offered a decent place to live at an affordable price\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":147066,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-office-landlords-try-free-furnishings-to-lure-tenants-amid-economic-squeeze\/","url_meta":{"origin":119269,"position":2},"title":"Chinese office landlords try free furnishings to lure tenants amid economic squeeze","date":"September 16, 2024","format":false,"excerpt":"\r \u2018Rental fees are going down, and competition is getting fiercer,\u2019 as landlords fight to sustain occupancy rates, CBRE researcher says.\r \r Source : South China Morning Post\r Read more...Chinese office landlords try free furnishings to lure tenants amid economic squeeze","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1096,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/number-of-tenants-evicted-hits-record-levels-as-benefit-cuts-bite\/","url_meta":{"origin":119269,"position":3},"title":"Number of tenants evicted hits record levels as benefit cuts bite","date":"November 14, 2014","format":false,"excerpt":"\r Figures show more than 30,000 tenants thrown out by end of September, which social landlords say is due to bedroom taxThe number of tenant households in England and Wales evicted from their homes hit record levels in the third quarter of the year, with cuts to social security among\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124737,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/coronavirus-hong-kong-finance-chief-calls-for-solidarity-as-he-asks-big-landlords-to-offer-rental-aid-to-struggling-tenants\/","url_meta":{"origin":119269,"position":4},"title":"Coronavirus Hong Kong: finance chief calls for \u2018solidarity\u2019 as he asks big landlords to offer rental aid to struggling tenants","date":"February 27, 2022","format":false,"excerpt":"\r Hong Kong\u2019s financial chief weighed in on discussions on whether developers and big landlords should offer rental aid to struggling tenants, saying on Sunday they should provide \u201cbreathing space\u201d to help businesses ride out the fifth wave of Covid-19 infections.Financial Secretary Paul Chan Mo-po\u2019s appeal came a day after\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":116675,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/law-firms-expect-a-wave-of-see-you-in-court-as-landlords-sue-distressed-tenants-for-unpaid-rent\/","url_meta":{"origin":119269,"position":5},"title":"Law firms expect a wave of \u2018see you in court\u2019 as landlords sue distressed tenants for unpaid rent","date":"May 27, 2020","format":false,"excerpt":"\r Lawsuits relating to unpaid rents are on the rise as dozens of retailers hit by the economic downturn shut shop, with law firms in Hong Kong witnessing a massive uptick in enquiries seeking advice on recovery of arrears.Lilian Chiang, senior partner and head of the property department at law\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/119269"}],"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=119269"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/119269\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=119269"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=119269"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=119269"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}