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The newly introduced Los Angeles 'mansion tax' has frozen luxury home sales with just two properties above $5million sold in April which is down from 126 in March.
After a white-hot March, L.A.'s luxury real estate market ground to a halt in April when Measure ULA kicked in, leaving the city with less money than originally projected.
In the days before Los Angeles' "mansion tax" took effect, the luxury market moved at hyperspeed. Prices were slashed, escrows were rushed and million-dollar deals were closed as panicked sellers
Citizens oversight board named to manage ULA transfer tax therealdeal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from therealdeal.com Daily Mail and Mail on Sunday newspapers.
From LAist and KPCC, your local NPR affiliate, what you need to know about Measure LH, which would allow L.A. to build up to 75,000 additional low-income housing units.
/PRNewswire/ -- Centri Tech, a social venture working to promote a concept called "Digital Advancement" to mobilize and maximize the full potential of...
/PRNewswire/ -- Centri Tech, a social venture working to promote a concept called "Digital Advancement" to mobilize and maximize the full potential of...