‘No delay’ in social and affordable housing over rise in construction costs

The video discusses the opening of new apartments for seniors and those needing disability access, funded by the government and supported by local authorities. It highlights the government's commitment to increasing housing stock and addressing rising building costs through a new inflation framework. The video also covers the impact of global inflation on housing and the government's plans to meet housing targets despite these challenges.

What is one of the benefits of the new purpose-built apartments for seniors?

• They are located in rural areas only.

• They provide free healthcare services.

• They increase the number of available larger homes.

• They reduce the cost of living for all residents.

How is the government addressing the rising costs faced by builders?

• By increasing the wages of construction workers.

• By providing free land for development.

• By implementing an inflation framework for burden sharing.

• By reducing taxes on construction materials.

What global event is mentioned as a factor affecting material costs?

• Brexit

• The US-China trade war

• The war in Ukraine

• The COVID-19 pandemic

What is the government's housing target for this year?

• 20,000 new builds

• 30,000 new builds

• 15,000 new builds

• 24,600 new builds

Why is having a multi-annual plan important for the housing sector?

• It provides flexibility to address future challenges.

• It allows for more frequent changes in policy.

• It ensures immediate results.

• It reduces the need for government funding.