Boris Johnson speech on cost of living crisis

Boris Johnson speech on cost of living crisis

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Business

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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.

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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