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, ...
The ballot measure do-over is intended to restart apartment development across Los Angeles and ward off a statewide anti-tax ...
Measure ULA funds tenant aid by taxing mansion sales. But it also taxes new apartments. Multiple ballot initiatives are ...
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.