A report from researchers at UCLA and the think tank Rand found that Measure ULA, a Los Angeles tax on property sales, is reducing apartment construction by nearly 2,000 units annually and in the process likely worsening the city’s affordability crisis.
Related posts
L.A. City Council approved $466.6 million in affordable housing funding on Tuesday. It'll go toward...
A large-scale housing development has been approved on the former site of a state hospital campus...
Broadcom paid its former landlord, PRP Real Assets, $325 million for the 660,000-square-foot...