More housing and affordable homes to feature in budget

More housing and affordable homes to feature in budget

Assessment

Interactive Video

Business, Architecture

University

Hard

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The video discusses the inclusion of new housing plans in the budget, extending the help to buy scheme, and the construction of a new Garden City in Ebbsfleet. It highlights political criticism from Labor regarding affordable housing and concerns about a housing bubble in the southeast. The Chancellor emphasizes building a resilient economy, despite calls to adjust the 40 pence tax rate. Middle-class families express concerns over taxation but welcome potential tax breaks on childcare. The video concludes with the Chancellor's hope to gain taxpayer support for these initiatives.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main benefit of the extended help to buy scheme?

It allows buyers to purchase homes with a 5% deposit.

It reduces the interest rates on mortgages.

It offers tax deductions for first-time buyers.

It provides grants for home renovations.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the criticism from the Labor party regarding the housing policies?

There is insufficient support for rural housing.

The policies favor foreign investors.

There is a lack of affordable housing initiatives.

The policies are too focused on urban areas.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a potential risk mentioned by experts regarding the housing market?

A decrease in property values.

A housing bubble, especially in the southeast.

An increase in construction costs.

A shortage of skilled labor in the construction industry.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the Chancellor's priority according to the final section?

Expanding international trade agreements.

Building a resilient economy.

Increasing the national minimum wage.

Reducing the national debt.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What potential tax benefit is mentioned for families?

A decrease in income tax rates.

An increase in personal allowances.

A tax break on childcare expenses.

A reduction in property taxes.