LA's Rich and Developer's in a frenzy to avoid paying Newly approved Mansion Tax!

Top-earning Angelenos are plotting strategies to avoid a new tax, otherwise now as measure ULA, on super-luxe homes. Unfortunately the measure will also affect housing developers and multi-family housing, that is was intended to protect . Today ‪@dialdominic‬ and I dive into the newly approved tax and explore, why so many people are upset as well as look at the likely impact it will have on real estate development in LA.

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Hi, I'm Anj, a British Real Estate Developer/ Agent & have lived in Los Angeles for 10 yrs.
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