Realtor.com on MSN

Los Angeles Delays Vote on Controversial Mansion Tax as Calls for Repeal Grow

A Los Angeles councilmember is seeking to reform the Measure ULA tax, arguing that it has worsened the city's housing crisis.

Los Angeles won’t be tweaking its ‘mansion tax.’ Now the debate is likely to go statewide

The ballot measure do-over was intended to ward off a statewide anti-tax crusade.

One of LA’s priciest mansions got a $40M discount, signaling big shifts in the city’s luxury housing market

Astronomical prices for Los Angeles’ most coveted homes may be returning to orbit this year. A $40 million price cut just hit ...

Los Angeles might tweak its ‘mansion tax.’ Here’s why that matters for the rest of California

The ballot measure do-over is intended to restart apartment development across Los Angeles and ward off a statewide anti-tax ...
LAist on MSN

Does LA need a ‘mansion tax’ makeover? City Council delays decision on sending it back to voters

Measure ULA funds tenant aid by taxing mansion sales. But it also taxes new apartments. Multiple ballot initiatives are ...
LAist on MSN

Researchers say LA’s ‘mansion tax’ hurts new housing. Voters could get a chance to tweak it

A new City Council motion seeks to ask voters to change Measure ULA, including a tax exemption for new apartment buildings.

L.A. council puts off yet another attempt to rewrite the city's 'mansion tax'

Councilmember Nithya Raman backed a plan to ask voters to rewrite Measure ULA, saying it's holding back housing production.
MyNewsLA.com on MSN

LA Council Refers Changes to Mansion Tax to Committees

The Los Angeles City Council Tuesday referred a proposal to amend the so-called “mansion tax” to two committees for further discussion. Councilwoman Nithya Raman, chair of the Housing and Homelessness ...