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Affordable Housing Needs in Ulaanbaatar city, Mongolia

Author

Listed:
  • Burmaa Jamiyansuren
  • Paloma Taltavull de La Paz

Abstract

Based on the analysis of the Ger district’s housing market in Ulaanbaatar, the capital city of Mongolia, a study was conducted to determine whether it meets the purchasing power of the population and is based on market demand. The following factors were studied. The first, current housing needs for households in the Ger area, where more than 60 percent of the city's population lives, have been identified. Secondly, their affordability was assessed based on their current living conditions and opportunities. According to the survey, half of the households in the Ger area of Songinokhaikhan district have an average income of MNT 450,000, so there is an urgent need for an Affordable Housing Program to pay the rent and deduct the price from the newly built apartment. 20 percent of all the surveyed households can be connected to the infrastructure, and the remaining thirty percent are willing to take out low-interest loans to live in apartments. However, 20 percent of the surveyed households are interested in connecting to the infrastructure in their yard, and the remaining 30 percent want to live in a low-interest loan. In order to provide housing in Ger areas, there is a lack of low-cost technology to solve infrastructure problems (drinking water and restroom with water supply) and a “Complex Housing Policy” with 3-5 percent loans for low- and middle-income people.

Suggested Citation

  • Burmaa Jamiyansuren & Paloma Taltavull de La Paz, 2021. "Affordable Housing Needs in Ulaanbaatar city, Mongolia," ERES eres2021_184, European Real Estate Society (ERES).
  • Handle: RePEc:arz:wpaper:eres2021_184
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    More about this item

    Keywords

    Affordable Housing; ger areas; housing market; low and middle income households;
    All these keywords.

    JEL classification:

    • R3 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location

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