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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 ...
As more than a billion dollars pours in annually from two new homelessness taxes, a raft of new oversight agencies has been ...
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 ...
A study from UCLA and Rand says it's found a "causal link" that shows that the city's real estate transfer tax, Measure ULA, has probably led to a decline in the construction of new apartments.
The largest of the two fires, the Palisades Fire in coastal Pacific Palisades and the Eaton Fire in inland Altadena, ...
A UCLA report found that multifamily permitting in Los Angeles fell 18 percent after the implementation of Measure ULA, resulting in 1,910 fewer apartments in projects of 20 or more units.
Just up the road, San Francisco is undergoing a civic revival. New leadership has embraced pragmatic policies, tough love, ...
This summary is reviewed by TRD Staff. A significant drop in housing permits issued, attributed to factors such as high interest rates, economic uncertainty, new tariffs, and Measure ULA.
The study, from researchers at UCLA and Rand, focuses on Measure ULA — a voter-approved law that took effect in spring 2023. Though dubbed the mansion tax, the measure applies a 4% levy to ...