Katya Knyazeva (avezink) wrote,
Katya Knyazeva
avezink

The Landlord's Side (1938)



Are rents exorbitant? Are boarding house owners exploiting their tenants? This estimation appeared on the pages of a local newspaper as part of the discussion on the rising costs of renting in Shanghai.




Published in The China Press in August 1938.

"A most unimpressive profit" is all that is left to a boarding house operator – or none at all, if she, or he, lives on one of the rooms. But the questions remain. Were all these taxes dutfully paid and licenses procured? What share of renting/subletting transactions went under the table? I suspect – a large part! Just look at the tenacious practice of "key money" – illegal at all times, yet practiced ubiquitously. The enforcement in Shanghai was weak.

Top image: Russian Women's Hostel, late 1930s. LSE.

Tags: 1930s, 1938, real estate, russians, shanghai
Subscribe

Posts from This Journal “real estate” Tag

  • Post a new comment

    Error

    default userpic

    Your reply will be screened

    Your IP address will be recorded 

    When you submit the form an invisible reCAPTCHA check will be performed.
    You must follow the Privacy Policy and Google Terms of use.
  • 0 comments