13 reasons our houses are too expensive

(Newshub.)
(Newshub.)

By Duncan Garner 

Auckland house prices are back at near record levels again. 

Barfoot and Thompson reported yesterday that the average price is now $866,000. 

By next year that average price is expected to top $1 million.

So why? Why -- when similar houses cost just $480k in Australia.

The Auckland housing market is back on fire again. For homeowners, they'll be happy -- for those trying to get into the market it's simply bloody depressing.

As a country, we are letting these people down.

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