A Los Angeles councilmember is seeking to reform the Measure ULA tax, arguing that it has worsened the city's housing crisis.
The tax’s defenders counter that claims of a Los Angeles real estate market implosion are overblown. Building permits, ...
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Los Angeles might tweak its ‘mansion tax.’ Here’s why that matters for the rest of California
The ballot measure do-over is intended to restart apartment development across Los Angeles and ward off a statewide anti-tax ...
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Does LA need a ‘mansion tax’ makeover? City Council delays decision on sending it back to voters
Measure ULA funds tenant aid by taxing mansion sales. But it also taxes new apartments. Multiple ballot initiatives are ...
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Researchers say LA’s ‘mansion tax’ hurts new housing. Voters could get a chance to tweak it
A new City Council motion seeks to ask voters to change Measure ULA, including a tax exemption for new apartment buildings.
Councilmember Nithya Raman backed a plan to ask voters to rewrite Measure ULA, saying it's holding back housing production.
Astronomical prices for Los Angeles’ most coveted homes may be returning to orbit this year. A $40 million price cut just hit ...
In 2022, the Los Angeles electorate voted to slap the sale of mansions and other high-value real estate deals across the city with a hefty tax. Locals have been debating Measure ULA ever since.
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