Brief
L.A.’s ULA Transfer Tax Further Hamstrings Investment: Report
New data from think tank the Rand Corporation reveal the market-chilling consequences to commercial real estate investment caused by Los Angeles’ Measure ULA transfer tax on big property deals. Althou
Summary
New data from think tank the Rand Corporation reveal the market-chilling consequences to commercial real estate investment caused by Los Angeles’ Measure ULA transfer tax on big property deals.
Although it became known as the “mansion tax,” ULA went into effect in April 2023 with a 4 percent levy on all real estate transactions above […]
Source
- Commercial Observercommercialobserver.com
