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A report from researchers at UCLA and the think tank Rand found that Measure ULA, a Los Angeles tax on property sales, is ...
6don MSN
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 ...
The city of Los Angeles is testing self-certification and artificial intelligence for project permits in the Pacific ...
5d
LAist on MSNLA Mayor Karen Bass’ budget calls for 80% drop in financing of new affordable housingOn top of layoffs and budget cuts, the mayor’s budget proposal includes a pessimistic outlook for the city’s housing market ...
The researchers estimate the tax — approved by voters in November 2022 through Measure ULA — has reduced new housing production by about 1,910 units per year, or a roughly 18% drop compared ...
In 2022, the city permitted 15,285 homes. In 2023, the first year the city’s Measure ULA 4% transfer tax was in effect, ...
Property owners outside the city of Los Angeles may not be that familiar with the Measure ULA tax, but they should be prepared to get up to speed.
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 ...
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