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L.A.’s controversial “mansion tax” (Measure ULA) was supposed to fund affordable housing and homelessness prevention. But a new UCLA report claims the tax is hurting the city’s commercial real estate market — and may be slowing down housing development instead of helping it.
By Sean Reynolds4.4
8787 ratings
L.A.’s controversial “mansion tax” (Measure ULA) was supposed to fund affordable housing and homelessness prevention. But a new UCLA report claims the tax is hurting the city’s commercial real estate market — and may be slowing down housing development instead of helping it.

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