Our Prime Minister John Key keeps saying: "Housing is not in crisis" despite the rapidly escalating level of social and economic fallout. It seems the only response is not calling it what it actually is in the vague hope it will disappear.
There seems to be a complete lack of acknowledgement of the consequences - families living in cars; those providing essential services moving away; and the tension between those driving the market to unsustainable heights while those below struggle to make ends meet will eventually turn nasty.
Auckland is destroying itself with greed and short-term planning while the National Party watches from the sidelines with one eye on how to shift the blame when it all goes boom ... and busts.
Take a look at the Register of Pecuniary & Other Specified Interests of Members of Parliament: Summary of annual returns as at June 31, 2016. A significant number of MPs of all parties, including ministers, have properties in Auckland - perhaps causing the average punter to wonder whether self-interest is influencing the response to sky-rocketing house prices.
The relevance of this is real as the media parades a growing international line-up of politicians who have resigned when their statements have turned out to be untrue and to have been motivated by ambition and self-interest.