He says it will help close the "big gap between rich and poor".
A road's median value has increased by half-a-million dollars in the past year.
But prices are staying right where they are - at record highs.
Amy Adams prefers the term "housing pressures" to "housing crisis".
Experts suggest real estate agents start looking for a second job.
Building a new home creates about four tonnes of waste.
The ex-Prime Minister has reportedly sold most of his sprawling Parnell property to a buyer in China.
The $140 million development spans an entire block - and includes H&M and Topshop.
Labour's letting fee ban could see fewer short-term tenancies on offer, property expert warns.
Labour will ban letting fees, increase notice periods for landlords to give tenants and limit rent increases to once a year.
The average price is now $641,648 - 54.9 percent above the market peak rate in 2007.
Values are falling - and the upcoming election is also making buyers cautious.
The company had listed eight individual $180-200 pods, advertising it as "one bedroom".
The high price is if you want a top pod - the bottom one is even cheaper.
After years of skyrocketing house prices, the inevitable correction appears to be on the horizon.
Find out whether your home's good enough to rent out, or needs some work.
It's not just sales that have dropped, prices are easing too.
They face an "intimidating barrier" to ownership, REINZ says.