If you listened to talkback this week you'd know who's to blame for the price of Auckland's houses. It's the immigrants. They've come here with their deep pockets, snapped up multiple houses in the best parts of the city and made it impossible for young Kiwis to buy their first homes and start their families. Talkback says there's only one thing for it: stop immigration.
I've just moved into my first Auckland home. For what we've shelled out, we should be living in a mansion with an en suite dedicated to each bedroom, perched on the edge of a cliff enjoying expansive ocean views and spending our afternoons playing tennis in our backyard court.
The reality is a two-bedroom cottage with one tiny bathroom we can only reach by mounting a steep set of stairs. Sure, we can enjoy the afternoon sun in the backyard, but we'll be doing that on a patch of astroturf the size of a single car park.
When I feel particularly masochistic, I log on to property websites and gaze at the price the previous owners paid just three years ago. The house has nearly doubled in value. I've become the real life example of a terrible statistic.
Just this week, Demographia released its annual survey showing Auckland is now officially the fifth most-expensive place in the world to buy a house. Hence the call to close the borders. The trouble with believing this theory is that I've yet to bump into one of these uber-wealthy immigrants.