Boris Johnson speech on cost of living crisis

The video discusses the challenges faced by individuals in owning homes, highlighting unfair charges and the financial burden of housing support on taxpayers. It proposes changes to welfare rules to help working people use housing benefits towards mortgages, aiming to remove barriers to home ownership and make it more accessible.

What is one of the main issues faced by people who invest in flats?

• They receive too much support from the government.

• They face unexpected costs and restrictions.

• They have too many options for ownership.

• They are unable to sell their flats.

How much does the current housing support system cost taxpayers annually?

• £30 billion

• £40 billion

• £20 billion

• £10 billion

What is the projected cost of housing support by 2050 if no action is taken?

• £60 billion

• £50 billion

• £40 billion

• £70 billion

What new choice is proposed for working people receiving housing benefits?

• To put benefits towards a mortgage

• To use benefits for travel

• To invest in stocks

• To save benefits for retirement

What is one of the proposed changes to Universal Credit eligibility rules?

• Including all savings in eligibility calculations

• Excluding certain savings from eligibility calculations

• Increasing the eligibility age

• Reducing the amount of benefits