Auckland Housing crisis – all the wrong assumptions and information

The median house price in Auckland is now at $750K, a number that our family would probably struggle to afford with us two parents working in well advanced positions.
Clearly investors are currently setting the market price as they have access to the required funds, and a CGT will reduce numbers of investors, depending on the level it is set at, freeing the market up for owner buyers.
We actually building larger houses with less people in it and complaining about the cost.