?WHY IS
RENT HIGH?
Housing supply and boomsPermitting surged with the housing boom—then fell sharply.
Across 79 metros, permitting intensity rose through the early 2000s and dropped by 2007.
REDRAWN FROM STUDY DATAFigure 5 · Average permitting intensity
Figure 5 · Average permitting intensity. Values digitized from Figure 5 in the archived publication; minor reading error is possible.| Year | 79-metro average |
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| 1982 | 1.35 |
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| 1985 | 1.65 |
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| 1988 | 1.15 |
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| 1991 | 0.75 |
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| 1994 | 0.9 |
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| 1997 | 1 |
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| 2000 | 1.15 |
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| 2003 | 1.55 |
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| 2005 | 2.2 |
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| 2007 | 1.05 |
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