Micheal Martin defends decision to levy concrete blocks

The transcript discusses the government's decision to address the mica issue, which involves a significant financial commitment to remedy housing defects. The Finance Bill may introduce a levy on the housing sector, potentially affecting home builders. Despite this, the government is actively supporting affordable housing through various schemes. The impact on house prices is expected to be minimal.

What is the estimated cost range approved by the government to address the mica issue and other housing defects?

• 1.5 to 3 billion

• 2.8 to 4 billion

• 6.5 to 8 billion

• 4.8 to 6 billion

What is the purpose of the levy mentioned in the Finance Bill?

• To reduce taxes for homeowners

• To increase government revenue

• To fund new housing projects

• To cover the costs of housing defects

How might the levy on the sector affect customers?

• It could lower house prices

• It might be passed on to customers building homes

• It will have no impact on customers

• It will provide discounts to customers

What is the government's approach to making housing more affordable?

• Increasing taxes on luxury homes

• Investing in affordable housing schemes

• Reducing the number of housing projects

• Providing loans to private developers

What is the expected impact of the government's housing support on house prices?

• Complete stabilization

• Significant increase

• Significant decrease

• Minimal impact