Zhang Yan learned first-hand how the coronavirus is ravaging China’s once booming real estate economy.

“The platform should protect apartment owners’ interests.

In Shanghai, property owners rushed to Danke’s offices, demanding the company hand over rents as usual.

A robust supply of rental properties can also help delay home-buying and tame runaway real estate prices.Other long-term rental startups such as Ziroom and You+, which operates one of China’s largest co-living communes, also face a double whammy.

In a letter of appeal posted on its website on Jan. 30, the Guangzhou Property Rental Association asked property owners and managers to work together to get through this difficult period. | To read full story, visit https://startuparound.com/read/1582182005.8536258/Coronavirus-outbreak-chills-China’s-red-hot-home-rental-startups?ref=audio_experience