Good look into the impact of ULA (Los Angeles' "mansion tax") and a cautionary tale for those considering similar changes
Reposted from
Mott Smith
New Measure ULA data drop!
Just got all LA County transactions above $1 million, back to 1/1/2020 -- about 160,000 data points.
It lets us compare what happened in LA under Measure ULA to Culver City under its Measure RE transfer tax.
The difference is staggering.
Just got all LA County transactions above $1 million, back to 1/1/2020 -- about 160,000 data points.
It lets us compare what happened in LA under Measure ULA to Culver City under its Measure RE transfer tax.
The difference is staggering.
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