13 reasons our houses are too expensive


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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