I’m not usually much inclined to support the Green Party on anything – their interest in reforming the governance of the Reserve Bank being an admirable exception. And political courage on doing something about house prices – and being honest about what making house and urban land more affordable means – had seemed to be in really short supply from all across the political spectrum. I’m not sure even the current ACT leader has been willing to openly suggest that if prices in Auckland fell 70 per cent it would only bring them into line with the price to income ratio of around 3 that has been a typical benchmark of affordability (happy to be corrected if I’m wrong on that).
And so I can only commend the Green Party for being willing to say it: house prices should fall, especially those in Auckland, and the fall needs to be large.
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Utopia, you are standing in it! 
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