Podcast: Two Cents' Worth
Affordable housing: a Goldilocks story
There's a bit of a conundrum going on in the housing market. Spring has sprung and house prices have jumped up 3.6 percent to a record high.
But New Zealand has a well-publicised housing crisis and a lot of work is being done to make homes more affordable.
So is this increase good news or bad?
The Two Cents' Worth team look at the Goldilocks sweet spot for our housing market. Do we want prices to go up, fall down or stay as they are?