Housing will be the big election issue in 2017. And New Zealand has more than a housing crisis; it has several housing crises.

With median house prices around 9 to ten times the median household income, the average young salary-earning couple are hard-pressed to buy a home in Auckland, beyond a one-bedroom apartment.
A demand for entry-level apartments has motivated developers to build them, although construction costs and financial conditions have stymied numerous plans.
Read more here: Herald Property – New Zealand’s multiple housing crisis