Visual Studio IIS Express hangs on launch, but IIS local works, why?

Question

I run Visual studio 2015 as administrator, start a new project, ASP.NET application, Empty 4.5.2 and then just add a simple html page. When I try to launch using IIS Expres

Answer 1

Sometimes Visual Studio just takes many minutes to load all the required symbols when debugging. Check the status bar of Visual Studio:

Once for some reason IIS Express worked if I changed the browser targeted in Visual Studio to Google Chrome. Simply restarting Visual Studio fixed this for me though.