Permits Reflect Drop in New Housing Units
The number of housing units to be built in the Antelope and Santa Clarita valleys under permits issued in 1990 plunged compared to a year earlier, according to preliminary statistics compiled by the Construction Industry Research Board in Burbank.
A sharp rise or fall in housing permits is often considered as a useful economic barometer.
Newly permitted housing units in the Antelope Valley fell 84% to 2,020 in 1990 from 12,384 in 1989. Newly permitted single-family houses in the area fell 84% to 1,864 in 1990 from 11,649 in 1989, and newly permitted units in multifamily buildings fell 79% in 1990 to 156 from 735 in 1989.
In the Santa Clarita Valley, newly permitted housing units fell 65% in 1990 to 1,039 from 2,944 in 1989. Newly permitted single-family houses in the Santa Clarita area dropped 61% to 591 in 1990 from 1,526 in 1989, and newly permitted units in multifamily buildings fell 68% in 1990 to 448 from 1,418 in 1989.
Start your day right
Sign up for Essential California for news, features and recommendations from the L.A. Times and beyond in your inbox six days a week.
You may occasionally receive promotional content from the Los Angeles Times.
