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Excess supply and depressed housing values in rural counties may affect housing development

November 23, 2020

New housing development is occurring in Iowa, but its distribution is not even across the state. In 2018, just five of Iowa’s 99 counties accounted for more than 65% of the total new housing permits issued statewide.

For places experiencing little new development, an aging and deteriorating housing stock is an urgent concern for local policymakers. While new development is not a cure-all solution to rural housing problems, increasing housing options in rural areas can help attract new employers and stabilize local budgets.