Since Mongolia's transition to a market economy in 1990, the city has experienced further growth - especially in the yurt quarters, as construction of new blocks of flats had basically broken down in the 1990s. The population has more than doubled to over one million inhabitants, about 50% of Mongolia's entire population. This causes a number of social, environmental, and transportation problems. In recent years, construction of new buildings has gained new momentum, especially in the city center, and apartment prices have skyrocketed.
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