The Prime Minister says there's affordable housing aplenty on Trade Me.
"Oh well look, again, there'll always be a range of prices. If you go on Trade Me this afternoon and Google property $500,000 or less in Auckland, you'll find there's quite a few," John Key said on Wednesday.
Well, Newshub has accepted the challenge and, sorry first-home buyers, it's not great reading.
If you search property under $500,000 on Trade Me you get 1253 listings.
But let's break that down. If you only search for properties with some sort of building -- townhouses, apartments, houses and units, there are 873 listings. Just houses? There are 345. But a lot of them aren't fit to move into.
Of the houses, one fifth of them are for relocation/removal, and 23 of them actually have an asking price over $500,000. One of them is even listed as asking price over $975,000.
So what's left? We've picked out the top five under $500,000.
1. House Boat
If you want to avoid skyrocketing land prices, why even live on the land? Head out to sea, catch a fish for breakfast. First-home buyer's dream.
2. On the pier
Again, you're not on land but if you want to avoid the risk of capsizing this might be a better option.
Given the lack of classroom space in a lot of Auckland schools, you might be competing with them to get your hands on this. But for young families, it's probably already child-proofed, so one less thing on the to-do list.
4. Car showroom
Unfortunately, that "No Deposit" sign doesn't refer to the sale of this "house", but do some wheeling and dealing and they might throw in a car on the cheap?
5. House or garage
Asking price $592,000 -- two bedrooms, 50 square metres in Papakura. Who knows what potential it holds, the advertisers don't tell us anything more. Is it the toy houses they've shown in the picture?