Housing affordability is one of the causes de jour but asking prices across the country shows the problem isn’t the price of houses.
The highest prices were in Auckland ($588,088) and Central Otago/Lakes ($515,859).
The lowest prices were in Southland ($264,028) and on the West Coast ($277,538).
The difference isn’t in the price of the houses but the cost of the land they sit on which is a function of supply and demand.
The problem of affordability will be solved by people choosing to live in places where the demand for land is lower; by building houses which take up less land or in freeing up more land for development to increase the supply.