California is about to have a massive fight over taxes. Here’s why Los Angeles is the frontline
California is about to have a massive fight over taxes. Here’s why Los Angeles is the frontline
- October 6, 2025
- Research by Tejaswi Velayudhan and Jack Liebersohn, economics, CalMatters and LAist, Oct. 6, 2025
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In 2022, the Los Angeles electorate voted to slap the sale of mansions and other high-value real estate deals across the city with a hefty tax. Locals have been debating Measure ULA ever since. … Another study by researchers at Harvard, UC Irvine and UC San Diego, found that property tax collections fell steeply as a result of the dramatic slow down in sales, off-setting an estimated 63% of the collect transfer tax revenue, if not significantly more.
For the full story, please visit https://calmatters.org/housing/2025/10/measure-ula-howard-jarvis-ballot-mansion/.
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