Auckland - One of the world's most expensive housing markets

It's official. Now the Kiwis have finally got something that they "proud" of:- The most expensive housing. Auckland has finally joined the ranks as one of the world's most expensive housing markets even though the properties are grossly over-rated, over-priced and come with so-so quality. Click here to read more of the story. (As usual, the government will adopt a hands off approach and will do nothing about it...)