Advisory Center for Affordable Settlements & Housing

acash

Advisory Center for Affordable Settlements and Housing
ACASH

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Document TypeGeneral
Publish Date15/06/2012
AuthorEnkhbayar Tsedendorj
Published ByMongolian Mortgage Corporation
Edited ByTabassum Rahmani
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ISSUES AND CHALLENGES OF MONGOLIAN MORTGAGE MARKET

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Document Type:General
Publish Date:2012
Primary Author:Enkhbayar Tsedendorj
Edited By:Tabassum Rahmani
Published By:Mongolian Mortgage Corporation

Mongolia is a landlocked country bordering with the Russian Federation in the north and the People’s Republic of China in the south. Its population is 2.7 million where approximately 40% of its population lives in the capital city Ulaanbaatar and 59% of those people live in a Ghar area. 30% of the total population lives in apartments and houses with there is no proper infrastructure the rest lives in Ghar areas. According to the latest census in 2010 there are 713,780 households living in Mongolia.

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