A report from researchers at UCLA and the think tank Rand found that Measure ULA, a Los Angeles tax on property sales, is ...

As more than a billion dollars pours in annually from two new homelessness taxes, a raft of new oversight agencies has been ...

Since Measure ULA was enacted two years ago, permitting for new multifamily projects in the city fell 18 percent in the first ...

Voters passed Measure ULA in November 2022. It levied a 4% tax on property sales of more than $5 million and a 5.5% tax on sales of more than $10 million.

On top of layoffs and budget cuts, the mayor’s budget proposal includes a pessimistic outlook for the city’s housing market ...

The city of Los Angeles is testing self-certification and artificial intelligence for project permits in the Pacific ...

Just up the road, San Francisco is undergoing a civic revival. New leadership has embraced pragmatic policies, tough love, ...

The UCLA and Rand researchers estimated that ULA caused a reduction of at least 1,910 housing units per year. The report said ...

In 2022, the city permitted 15,285 homes. In 2023, the first year the city’s Measure ULA 4% transfer tax was in effect, ...

In 2022, Los Angeles voters approved Measure ULA, a transfer tax on the sale of high-value properties inside the city limits. Nicknamed the mansion tax by its supporters, Measure ULA imposed a 4% ...

Los Angeles' "mansion tax" that funds affordable housing has likely led to a drop off in overall apartment construction, potentially worsening the city's housing situation, according to a new ...