Relief from LA’s mansion tax still appears a pipe dream
If the chair of the Los Angeles City Council’s committee on Measure ULA has her way about the future of the so-called mansion tax, the real estate industry should brace itself. Los Angeles City Council Member Ysabel Jurado, who represents the city’s 14th District and chairs the ad hoc committee on ULA, kicked off the three-member body’s final meeting on Friday with a strong statement. “After weeks of hearing testimony, reviewing data and listening to stakeholders across the sectors, I just don’t believe the city should move forward with a ballot measure [amending ULA] at this time,” Jurado said, offering […]This article originally appeared on The Real Deal. Click here to read the full story.
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