In Kazakhstan, 870,000 people are on the housing waiting list. This was announced by Minister of Construction and Industry Yersaiyn Nagaspayev at a government briefing. This was reported by Qazaqyia.kz citing Sputnik Kazakhstan.

According to the minister, the number of residential buildings under construction in the country is increasing every year. However, the number of people in need of housing is also growing.

"Today, Otbasy Bank constantly conducts an inventory of the housing queue. Even so, there are currently 870,000 people on the waiting list. Unfortunately, we are not building housing in the volume needed to provide everyone with a home," Nagaspayev said.

In this regard, the minister reminded that Otbasy Bank offers preferential mortgages under several programs. He also noted that the average cost of one square meter of social housing does not exceed 335,000 tenge. It can be obtained by citizens on the waiting list.