The finger's being pointed firmly at politicians of the past for the country's housing crisis.

Finance Minister Grant Robertson has called on an important ally in the Government's attempts to tame New Zealand's wild housing market.

Robertson has publicly lobbied Reserve Bank Governor Adrian Orr to do more to cool New Zealand's red-hot housing market.

It comes at a time when house prices have grown 20 per cent in the space of a year, while the rest of the economy grapples with a recession.

New Zealand Initiative executive director Oliver Hartwich, who wrote an open letter to Mike Hosking about the housing market,  you can keep house prices stable,  if you have the right policies in place.

"Over decades, politicians have wrecked the housing market. It's time we stop making apologies for that."

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