Los Angeles mansion tax starts Saturday, providing new funds for affordable housing but developers say it will stunt growth

Los Angeles mansion tax starts Saturday, providing new funds for affordable housing but developers say it will stunt growth

Upworthy

Published

With Measure ULA set to kick in on April 1, Los Angeles may soon have hundreds of millions of new dollars available to use for affordable housing and homelessness programs. But real-estate brokers and developers say the so-called "mansion tax" may actually slow the number of new apartment…

#measureula #davidkramer #hiltonhyland #aaronkirman #ucla

Full Article