The year of the ‘mansion tax’: Hundreds of millions raised, but a chill to L.A.’s luxury market

The year of the ‘mansion tax’: Hundreds of millions raised, but a chill to L.A.’s luxury market

One year ago, Los Angeles’ “mansion tax” took effect. It has either been a godsend or an absolute disaster, depending on who you ask. The transfer tax, formally known as Measure ULA,... Read more »
L.A. County settles PACE lawsuits; homeowners to get millions

L.A. County settles PACE lawsuits; homeowners to get millions

Los Angeles County has agreed to a $12-million settlement to resolve allegations that its home improvement lending program wrecked the finances of many borrowers and left them vulnerable to foreclosure. The settlement,... Read more »