• The white picket fence is a dream we’ve all grown up with, but given the current market I’ll be happy if I end up getting a rusty wire one.

We all know the average Auckland house is now $1 million plus. Now new figures fromHomes.co.nz have shown that the deposit needed for a “first home” in Auckland central has exceeded $179,000.

How could I ever scrape that sort of money together? Maybe if I move to Christchurch I could to muster up $77,000. That’s a reasonable figure for a couple who have worked for a few years.

READ MORE VIA NEWSHUB

AUCKLAND, NEW ZEALAND - NOVEMBER 18: Houses line the streets of Auckland's central suburbs on November 18, 2014 in Auckland, New Zealand. Auckland households are facing an average 5.6 percent rates increase next year with some suburbs up 10 percent after the release of new property valuations. (Photo by Fiona Goodall/Getty Images)
(PHOTO by Fiona Goodall/Getty Images)