Virus outbreak chills China’s red-hot home rental startups

Virus outbreak chills China’s red-hot home rental startups

Photo: Unsplash

Zhang Yan learned first-hand how the coronavirus is ravaging China’s once-booming real estate economy. The Shanghai landlord on internet home-listings platform Danke was surprised when she recently got a terse notice from the company declaring it would withhold all rental payments for a month because of the epidemic.

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