This beat covered Prop 40's core mechanic (a one-time 5% wealth tax on billionaires) and its healthcare-union-vs-billionaires framing tied to a $100 billion Medicaid offset figure, added a brief riff on the political-spending logic behind rival measures, then established that Props 41 and 42 sit on the same ballot and are explicitly designed to nullify Prop 40 even if it passes, leaving open which measure controls if all three win. The Prop 40 basics, Medicaid framing, and the 'hedging your own tax bill' riff are now fully spent; the next beat owns the actual mechanics of how 41 and 42 defeat 40.

In this episode, we cover The Three-Way Fight, How 41 and 42 Kill It, The Forced-Seller Pipeline, and more.

On September 15, 2026, Jordyn and David break down the $54.4 million sale of Crown Bel Air, a 15.9-acre, nine-parcel estate that closed at roughly half its $105 million ask through a no-reserve auction.

This episode traces how the deal came together and what it signals for LA's luxury market heading into fall.

• Bassam Alghanim's 15.9-acre Bel Air assemblage, built from seven homes into one Concierge Auctions listing
• The mechanics of no-reserve auctions and how parcel-versus-package bidding actually determines a final sale
• The $54.4 million result, its $1,287-per-square-foot math, and why The Real Deal called it the county's priciest residential contract
• A countywide contract spike to $250 million, up 166% year-over-year per Marcy Roth's Eklund Gomes tracker
• Brentwood Park's $26 million spec mansion, its $1.43 million Measure ULA bill, and signs of 'pricemaxxing' in high-end pricing

Is this a market thaw or a pricing mirage? Next week's contract sheet may not settle it either.

On September 8, 2026, Listing Price digs into who's really buying into Los Angeles as newly qualified Prop 40 sends billionaires packing to Florida and Nevada. With Larry Page's $101.5M Banyan Ridge estate and Larry Ellison's $45M Tahoe exit as backdrop, Jordyn and David trace the money trail from Sacramento to Beverly Hills.

This episode breaks down the wealth tax's real mechanics, the true scale of the billionaire exodus, and the foreign capital quietly absorbing luxury inventory the departures leave behind.

• Prop 40's one-time 5% billionaire tax, 2027 due date, and installment option
• The exodus roster: Zuckerberg, Schultz, Page, and Brin's zero-income-tax destinations
• Foreign buyers filling the gap, including an $80M Brazilian family deal and Realtor.com's 18.2% search-share spike
• LA's ranking as the nation's second-priciest luxury market despite the outflow
• The unresolved fight over who's really writing $20M-plus checks in 2026

If entertainment money and family offices remain the biggest unknown, what happens when the next wave of departures hits?

On September 1, 2026, a Los Angeles committee narrowly approved a Measure ULA pilot cutting the transfer tax to 1.5% for affordable multifamily construction, while single-family sellers above $5.4 million got nothing. David and Jordyn break down who actually benefits from a fix three years in the making.

• The Vote That Almost Wasn't: Jurado and Padilla approve 2-1 over Lee's dissent, replacing a shelved November ballot measure with no scheduled next step.
• Three Years of Whittling It Down: RAND's 78-page report links ULA to a 30% drop in large apartment construction despite $1.2 billion collected.
• Who Actually Got Left Out: single-family sales generate roughly 59% of ULA revenue, yet the $5.4M threshold offers no exemptions on gross sale price.
• The Fire-Sale Sellers Still Waiting: Palisades fire-impacted sellers' proposed exemption gets continued, not approved, the same day builders win their carve-out.
• The Sacramento Backstop: Howard Jarvis Taxpayers Association pulls its statewide ULA repeal after a deal requiring a two-thirds vote.

Who gets relief next: builders, sellers, or neither?

On August 25, 2026, Listing Price breaks down how a quiet Ad Hoc Committee move at City Hall reshaped who really holds leverage under L.A.’s ULA transfer tax.

• Quick Recap: The ULA ballot exemption that never made it to voters, and why its defeat reset expectations for multifamily sellers across Los Angeles.
• Sacramento Door Slams Shut: Howard Jarvis’ withdrawal of the statewide transfer-tax cap, Prop 43’s higher vote thresholds, and why City Hall’s ordinance now drives ULA strategy.
• Inside the Ad Hoc Committee: What actually happened in the 2–1 committee vote, and why the real ULA decisions moved into a narrow, low-profile room instead of the council floor.
• What’s in the Pilot Ordinance: How the targeted ULA rate cut and income-support pilot are structured to benefit mid-size, affordable-adjacent multifamily projects rather than luxury spec deals.
• Who Has Leverage Now: How spend-down timing, escrow behavior, and developer profiles are reshaping pricing power in today’s high-dollar Los Angeles transactions.

As ULA workarounds harden into policy, will fall listings adjust asking prices before the next round of exemptions even hits the market?

As of August 19, 2026, Los Angeles sellers are facing a new reality under Measure ULA: crossing the $10.9 million threshold by just $1,000 can swing a tax bill by $163,540. Jordyn and David unpack the updated ULA brackets, the City Council's June 17th vote-then-retreat on multifamily relief, and what it means for deals across the city.

• Deal of the Week: New post-June 30 ULA thresholds — 4% above $5.4M, 5.5% above $10.9M — and the arithmetic behind the tax cliff.
• Policy Mechanics: The Council's 9-5 vote for a multifamily exemption, the July 1st shelving for a pilot tax credit, and the fallout.
• Deal Mechanics: A hypothetical 24-unit Palms building tests both relief paths — one delayed to 2028, one available now.
• Neighborhood Pricing: Bel Air sellers versus Beverly Hills and Malibu buyers, and whether ULA or the 2026 market is driving price cuts.
• Market Outlook: The Palisades fire exemption, Sacramento's closed statewide off-ramp, and the $544 million ULA spending plan.

Will the pilot credit outlast the ballot measure, or is ULA relief already dead on arrival?

On August 4, 2026, Jordyn and David break down a Pacific Palisades listing on Amalfi Drive where the FAIR Plan quote jumped from $22,500 to $41,000, a preview of the statewide 29.1% rate reset landing October 15th.

This episode maps which neighborhoods and property types are absorbing the hit hardest as California's insurance market resets ahead of Q4.

• Deal of the Week: the Amalfi Drive listing and its doubled FAIR Plan premium heading into the October 15th reset
• Insurance Mechanics: why the FAIR Plan's $3M dwelling limit forces stacked coverage, pushing costs near triple private-market pricing once DIC is added
• Neighborhood Pricing Trends: a zip-code breakdown of the seven moratorium areas, comparing Brentwood flats against bluff and canyon lots
• Policy Mechanics: how the SB 824 non-renewal moratorium quietly expired, plus State Farm's emergency reset versus Farmers chasing new business
• Deal Mechanics: why buyers now demand bindable insurance quotes before writing offers, and what seller leverage looks like before October 15th

Will the October reset trigger fall-throughs or just a wave of credit requests? Tune in next Tuesday to find out.

On this July 28, 2026 episode of Listing Price, Jordyn and David open with a $28.5 million Bel Air sale before unpacking how Measure ULA's transfer tax is quietly fueling a luxury remodeling boom across Los Angeles.

Listeners get a data-driven look at why high-end sellers are choosing to renovate rather than sell, and what that shift means for the broader Westside market.

• The $28.5 million Bel Air deal and Attom Data's 46 percent luxury remodel-permit spike
• Builder Oren Levy of Gesh Group on flipping his business toward remodels, and whether studs-out projects pay off at resale
• ULA's tax thresholds, the cliff effect, and a remodel-versus-sell debate featuring The Agency's counterpoint
• Neighborhood-level ULA revenue trends in Brentwood, Bel Air, and Beverly Hills, plus RAND's data on a 50 percent luxury turnover drop
• David breaks down ULA's underwhelming $1.1 billion haul and the stalled multifamily exemption, while Jordyn asks who's really profiting

Will City Hall's next move on ULA reshape the remodel rush, or are builders already ahead of the policy fight?

On July 21, 2026, Jordyn and David spotlight the first Certificate of Occupancy issued for a Palisades fire rebuild at 915 N Kagawa Street, then dig into what that milestone means for a neighborhood with 340 active construction sites still underway.

This episode breaks down the policy and pricing forces shaping the Palisades rebuild, from Mayor Bass's fee-waiver ordinance to the widening gap between raw lot values and finished-home premiums.

• Deal of the Week: 915 N Kagawa Street becomes the Palisades' first completed fire rebuild, finished in ten months by Thomas James Homes
• Policy Mechanics: David breaks down Mayor Bass's $90 million fee-waiver cap, the 110% floor-area rule, and whether it meaningfully offsets rebuild costs
• Neighborhood Trends: Jordyn cites 340 active sites and 1,300-plus approved plans, questioning whether faster permitting solves the real construction bottleneck
• Property Valuation: The Galloway lot sale, per-square-foot land pricing, and rising FAIR Plan insurance premiums reveal who can still afford to rebuild
• Market Outlook: Redfin data on 300-plus active lot listings sets up a direct disagreement over whether finished-home prices spike or flatten this year

With hundreds of lots still unbuilt, will finished Palisades homes command a premium, or is that logic about to break down?

On the July 7, 2026 episode of Listing Price, an $18.9 million golf-course estate inside Trump National in Rancho Palos Verdes claims the week's priciest LA contract, and the hosts dig into why its asking price dropped nearly 18.5% before closing.

David and Jordyn trace the property's history, unpack citywide luxury contract data, and debate what's really driving buyer hesitation heading into Q4.

• Deal of the Week: Villa Cape Point in Rancho Palos Verdes goes under contract at $18.9 million inside Trump National golf course
• Narrative: The estate's drop from a $23.2 million ask, the 1999 Ocean Trails landslide, and Trump's 2002 course rebuild
• Market Data: LA luxury contract volume falls 43.8% year-over-year to $137 million as Serhant's Ben Belack blames Measure ULA and a pulled ballot cap
• Interest Rates: New Fed Chair Kevin Warsh's hawkish pivot sparks debate over whether rate hikes touch cash-rich luxury buyers
• Forward Look: Predictions on a Q4 buying surge, a possible ULA ballot comeback, and whether rate hikes hit builders harder than buyers

Will Belack's predicted fall buying season actually materialize, or is Measure ULA reshaping LA's luxury market for good?