{"id":119542,"date":"2020-12-15T17:00:19","date_gmt":"2020-12-15T10:00:19","guid":{"rendered":"http:\/\/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\/"},"modified":"2020-12-15T18:10:01","modified_gmt":"2020-12-15T11:10:01","slug":"chinese-tenants-landlords-left-dismayed-by-danke-debacle-after-us-listed-firm-fails-to-pay-up-leading-to-evictions","status":"publish","type":"post","link":"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\/","title":{"rendered":"Chinese tenants, landlords left dismayed by Danke debacle after US-listed firm fails to pay up, leading to evictions"},"content":{"rendered":"<p>&#013;<br \/>\nFor 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 in a major city, while increasing the rental profits of property owners.It seemed too good to be true \u2013 right up until the moment his landlord showed up and told him to get out.\u201cThe landlord came [on December 6] with\u2026&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/economy\/china-economy\/article\/3113909\/chinese-tenants-landlords-left-dismayed-danke-debacle-after\" target=\"_blank\">Chinese tenants, landlords left dismayed by Danke debacle after US-listed firm fails to pay up, leading to evictions<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; For Henry Wang and thousands of other young tenants across China, the business model pitched&#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-119542","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-v66","jetpack-related-posts":[{"id":119269,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evicted-tenants-unpaid-landlords-furious-at-cash-strapped-new-york-listed-chinese-home-rental-platform-danke\/","url_meta":{"origin":119542,"position":0},"title":"Evicted tenants, unpaid landlords furious at cash-strapped, New York-listed Chinese home rental platform Danke","date":"November 18, 2020","format":false,"excerpt":"\r The 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\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":119542,"position":1},"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":127034,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/renters-reform-bill-tackles-unfair-evictions-and-unscrupulous-landlords-in-england\/","url_meta":{"origin":119542,"position":2},"title":"Renters reform bill tackles unfair evictions and unscrupulous landlords in England","date":"June 15, 2022","format":false,"excerpt":"\r Private-rentals white paper includes clampdown on unfit homes and outlaw of landlord bans on \u2018DSS tenants\u2019Measures to tackle unscrupulous private landlords who evict tenants without giving a reason or who let unsafe homes, will be introduced under government proposals aimed at giving a better deal for millions of renters\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":127040,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/white-paper-to-tackle-unfair-evictions-and-bad-landlords-in-england\/","url_meta":{"origin":119542,"position":3},"title":"White paper to tackle unfair evictions and bad landlords in England","date":"June 15, 2022","format":false,"excerpt":"\r Private rentals white paper also includes clampdown on unfit homes and plan to outlaw landlord bans on \u2018DSS tenants\u2019Measures to tackle unscrupulous private landlords who evict tenants without giving a reason or who let unsafe homes, will be introduced under government proposals aimed at giving a better deal for\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":161662,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/total-panic-the-effect-of-no-fault-evictions-on-renters-in-england\/","url_meta":{"origin":119542,"position":4},"title":"\u2018Total panic\u2019: the effect of no-fault evictions on renters in England","date":"September 27, 2025","format":false,"excerpt":"\r Section 21 evictions enable private landlords to oust tenants, even if they have done nothing wrongBuild prefab homes to address harm to \u2018generation of homeless children\u2019, says Labour MPWhen Sarah Ladyman was made redundant from her job as a horticulturist earlier this year, her one-bedroom flat was her sanctuary.\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1090,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/revenge-evictions-an-electrician-said-our-shower-was-unsafe-the-landlords-response-was-to-evict-us\/","url_meta":{"origin":119542,"position":5},"title":"Revenge evictions: \u2018An electrician said our shower was unsafe. The landlord\u2019s response was to evict us\u2019","date":"November 23, 2014","format":false,"excerpt":"\r More and more tenants are being evicted \u2013 often unfairly \u2013 new figures show. But pressure is growing for changeWhen Lela Lewis suffered a minor electric shock while she was taking a shower, it was the last straw \u2013 for her landlord. After learning from an electrician that the\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\/119542"}],"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=119542"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/119542\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=119542"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=119542"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=119542"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}