Q: Who are some of the people that have entered the housing market in Ulaanbaatar?

Q: Who are some of the people that have entered the housing market in Ulaanbaatar?


A: Expatriates and temporary visitors to Ulaanbaatar make up a large section of the city’s rental-market. Many just come for the summer, as consultants and temporary staff to both Mongolian and international operations, designed to give advice and implement western best practice. Most are young, with few commitments to tie themselves down in their countries of residence.
A slightly smaller, but equally important grouping is the growing class of executives, upper management and diplomats based permanently in the city. Demographically characterized as older males often tied down by family commitments, substantially more incentives are usually offered by firms to encourage them to bring their expertise out to the steppe.
Ulaanbaatar’s large student population drives the lower end of the market upon a seasonal basis.