Danke’s crisis has sparked several conflicts between landlords and tenants after the company missed payments to owners, employees and contractors. Photo: Weibo
Chinese media lay into New York-listed home rental platform Danke as they urge authorities not to let exploiters get away
- Danke, which rents flats from landlords and leases them to tenants, failed to make payments in recent months
- The company’s crisis points to problems in the fast-growing rental apartment industry, invites regulators’ scrutiny, official media say
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China property
Danke’s crisis has sparked several conflicts between landlords and tenants after the company missed payments to owners, employees and contractors. Photo: Weibo