And I am a little hopeful (but doubtful) that might be starting to change. Massive numbers of houses have been consented to be built (especially in the last few years). But just building more probably won't be a permanent solution.

https://www.stats.govt.nz/topics/housing https://www.hud.govt.nz/news-and-resources/statistics-and-re... https://www.imf.org/external/research/housing/index.htm