Private houses may be the next wave of mortgages | GoGo Mongolia, January 21: Mongolian Bankers Association sees more attractive to focus more on private houses and suggests new financing tools as 9% mortgage loans. The idea in turn can serve as solution for many problems that UB city is facing starting with fighting with smoke. As they see, although state tries to accommodate Ger Area residents into housings there are another migrants to occupy the freed Ger Area. In this regard, some suggest investing in infrastructure to current ger Areas and support the households to build houses, therefore reducing the expansion of Ger Areas.
Posted on: Mon, 26 Jan 2015 08:32:30 +0000
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