L.A.’s Mansion Tax Chokes New Construction as Permits Plunge 40%, New Study Shows

L.A.’s Mansion Tax Chokes New Construction as Permits Plunge 40%, New Study Shows

The Los Angeles “mansion tax,” officially known as Measure ULA, was adopted nearly three years ago to combat homelessness and fund affordable housing, but new research suggests the policy has backfired, stalling... Read more »