Boris Johnson speech on cost of living crisis

The video discusses strategies to unlock small sites for development, focusing on first-time buyers and key workers. It highlights the support for self-build and custom homes, and the use of existing planning rights to convert disused agricultural buildings into homes. The video also addresses the financial challenges faced by first-time buyers, noting the significant increase in housing costs relative to income over the years. It emphasizes the difficulty of saving for a deposit due to rising house prices and the global cost of living, and suggests making mortgages more accessible.

What are some of the challenges facing first time buyers today?

How has the average cost of a home changed from 2002 to today?

What factors contribute to the unrealistic deposit requirements for first time buyers?

What is the significance of the rising cost of living for first time buyers?

In what ways can the government support first time buyers according to the text?