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МОНГОЛЫН ХҮН АМЫН СЭТГҮҮЛ Дугаар (367) 20, 2011

78

a relatively young country, where the average

21 and 70 per cent of the population is under

the age of 35

(www.mongoliatoday.com

2011),

this distribution is deemed as appropriate. Of

the total respondents, 176 (39.1%) are male,

and 274 (60.9%) are female. Family size,

defined as the number of family members

living together, ranges between 1 and 11, with

a mean of 3.86. With regard to employment,

most respondents self identify as entrepreneurs

or working in the private sector – see Table 2.

A total of 431 (95.8%) respondents live in the

capital city of Ulaanbaatar, with only 16 living

in the provinces/village center and 3 living in

the countryside.

Table 2:

Respondents’ Employment Information

Employment

Number

Percent

Government organization

40

8.9

Nongovernmental

organization

58

12.9

Private sector

117

26.0

Entrepreneur/Business

Owner

168

37.3

Unemployed

11

2.4

Retired

18

4.0

Student

38

8.4

Total

450

100.0

The study attempted to identify if there were

differences between respondents depending on

whether their current dwelling was a single-

family house, an apartment, a traditional home

(

ger

) with a yard, or a

ger

in someone else’s

yard. We found that the type of dwelling did

not significantly determine the sources of

information individuals used to find housing.

However, we did find that most respondents

relied either on newspapers (197) or on

television advertising (120) out of 442 valid

respondents, rather than on friends or real

estate services. Not surprisingly, real estate

services are rarely used as information sources,

as they constitute a new service in the market,

and consumer are not used to consult them in

the process of searching for housing.

On the other hand, we found that one’s

current type of dwelling was an important

determinant of the price of the apartment

sought (Chi-Square=32.74, p<0.01). It also

appears that price was more of a consideration

for individuals living in apartments and

those living in a

ger

in someone else’s yard.

Individuals living in a

ger

in someone else’s

yard have fewer financial resources than those

owning a home or a

ger

with their own yard

and thus perceived price as a more important

consideration. Surprisingly, the reputation of

the building company, the design and structure

of the apartment, and the location were not

related significantly to the type of dwelling

owned.

The number of rooms one currently owned,

however, appeared to be an important

information variable, determining the source

of information individuals consulted (Chi-

Square=30.55, p<0.05). It appears that the

more rooms individuals have, the more

sources of information – other than friends

– they are likely to consult, in particular,

newspapers, television advertising, and real

estate information. It is important to note

that real estate services are more frequently

considered for those who owned more rooms,

compared to those who owned fewer rooms.

Alternatively, the fewer number of rooms

individuals had, the more they were likely

to rely on information from friends for their

housing decisions. Also, the more rooms

individuals had, the less they considered price

as an important variable (Chi-Square=100.33,

p<0.01), and the more they considered the

construction and design of the apartment (Chi-

Square=47.87, p<0.01). Also, the fewer rooms

one currently owned, the more important the

mortgage interest charged by the banks (Chi-

Square=37.86, p<0.01).

Surprisingly, there was no relationship

between the number of rooms one had and the

importance of the reputation of the builder.

This suggests that there is, for the time

being, a minimal concern with the builder

brand in Mongolia. This is explained by

the fact that there is substantial demand for

housing and very limited supply. As such,

the majority of Mongolian home purchasers

are concerned with the availability of new

homes, rather than with the added value that

builder perception could potentially provide.

As more builders compete for consumers and

more building stock becomes available, the

builder will increasingly become an important

consideration.