In February 2010 the average Auckland house price was $521,000 – by contrast it’s now $992,000.
The Government has blamed Helen Clark’s Government, and Winston Peters the 155,000 migrants who have migrated to Auckland since 2010.
But both are wrong. The reality is the Auckland housing crisis has been caused by a historic lack of supply, which has seen house prices skyrocket towards the $1 million mark.
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