L.A.’s luxury real estate market freezes, putting ‘mansion tax’ funds in limbo
Maher Commercial Realty is quoted in LA Times story on the Measure ULA tax that took effect on April 1, 2023. While we are supportive of the affordable housing movement and do believe that the non-profits being allocated property tax funds will use those funds to do good work, we don’t believe that the harm that ULA will cause will outweigh the good. Please read the article here, and if you find it noteworthy, please share it: https://www.latimes.com/california/story/2023-05-05/l-a-s-luxury-market-freezes-putting-measure-ula-funds-in-limbo