Madison region's new housing permits decline, despite Dane County's need for 7,000 units annually; higher interest rates and labor shortages contribute to the issue.

Madison region's new housing permits are declining, a concern given Dane County's need to add 7,000 units annually to meet housing demand. New permitting remains higher than pre-pandemic levels but faces challenges from higher interest rates and labor shortages. The Wisconsin Policy Forum report highlights slow permitting as contributing to affordability issues, as 140,000-227,000 housing units are needed by 2030 to accommodate population growth.

July 17, 2024
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