I found significant improvement after disabling logging.
Locate the IIS config for your project or machine, typically found in:
%userprofile%\documents\iisexpress\config\applicationhost.config.\.vs\config\applicationhost.config- VS2019:
$(solutionDir)\.vs\{projectName}\config\applicationhost.config
And comment out or delete the following two nodes (found somewhere in the document)
<add name="HttpLoggingModule" image="%IIS_BIN%\loghttp.dll" />
<add name="HttpLoggingModule" lockItem="true" />