I remember Winston Peters not so long ago saying that a house price should be 2-3 times your income, not 10 times, like it is in some places. I've always felt this would make mortgages more affordable for a lot more people.
Winston has said a lot things. Like he would personally lead the walk-in to Pike River mine.
How do you think you we might reach this nirvana of house prices not more than 2-3 times income?
Only buy very small houses in places no one wants to live!