Could the humble raffle draw be the solution to New Zealand's housing crisis?

A homeowner in the UK struggling to sell their property has come up with a novel way to get shift of it that could also take off in New Zealand.

The owner of a 1760 Georgian heritage-listed property is raffling off their multi-million-dollar home with tickets costing $25 a pop.

Seven Sharp looks at whether raffling houses could be the solution to New Zealand's housing crisis in the video above.

In the UK, a 1760 Georgian heritage-listed property is being raffled – could it happen here? Source: Seven Sharp