Advisory Center for Affordable Settlements & Housing

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Document Type General
Publish Date 15/06/2012
Author Enkhbayar Tsedendorj
Published By Mongolian Mortgage Corporation
Edited By Tabassum Rahmani
Uncategorized

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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