Post by account_disabled on Aug 30, 2023 3:15:52 GMT -5
According to a study conducted by Jaika's representative office in Mongolia, it is predicted that the gap between demand and supply of housing in Ulaanbaatar will balance in 2027-2030. There is enough demand for housing in the capital, but in recent years, the supply has been greater than the potential demand due to the purchasing power of citizens, economic conditions, government housing programs, and the criteria of banking and financial institutions. In Ulaanbaatar, over 210,000 families need to buy apartments in the next five years, but it is estimated that only 16 percent of them, or more than 35,000, have the ability to buy. About 83% of the total housing units supplied on the market are average and standard housing units that meet the requirements of mortgage loans. In the future, it is said that the potential demand for housing will continue until 2030 due to the implementation of housing models and rental housing programs that meet the purchasing power of the average family, as well as the improvement of the economic situation and the increase in the purchasing power of the average citizen.
New buildings are being built in the A area of the city, and with Qatar Mobile Number List it, the problem of congestion is increasing. So, do you have any thoughts on possible measures that could be taken to reduce construction in Area A of the city?.
The space for construction in the central part of the capital, especially in the A zone, is now almost gone. If we really want to reduce the construction of housing, it would be correct to increase the interest rate on the housing loan. To be specific, the interest rate on redevelopment housing loans can be reduced to 4 percent, while the interest rate for the city center or A zone can be increased to 8 percent. This means that the average rate is only 6 percent. In this way, depending on the location, features, and conditions of the house being built, the loan percentage should be chosen. When looking at the mortgage loan conditions in other countries, it is decided not at a fixed percentage, as mentioned above.
New buildings are being built in the A area of the city, and with Qatar Mobile Number List it, the problem of congestion is increasing. So, do you have any thoughts on possible measures that could be taken to reduce construction in Area A of the city?.
The space for construction in the central part of the capital, especially in the A zone, is now almost gone. If we really want to reduce the construction of housing, it would be correct to increase the interest rate on the housing loan. To be specific, the interest rate on redevelopment housing loans can be reduced to 4 percent, while the interest rate for the city center or A zone can be increased to 8 percent. This means that the average rate is only 6 percent. In this way, depending on the location, features, and conditions of the house being built, the loan percentage should be chosen. When looking at the mortgage loan conditions in other countries, it is decided not at a fixed percentage, as mentioned above.