LA’s new tax on high-priced property sales has been a drag on the real estate industry while raising far less revenue than the city expected, an Intel analysis suggests.
Source: Inman News
What other cities can learn from LA’s rocky ‘mansion tax’ rollout
Published in Agent, Brian Blount, California Association of Realtors (C.A.R.), chicago, Chicago mansion tax, coldwell banker, Data, Hilton & Hyland, Inman Intel, Jade Mills, los angeles, luxury, luxury lens, luxury real estate, Mansion tax, Markets & Economy, Michael Nourmand, Nourmand and Associates, oscar wei, rising mortgage rates, SAG-AFTRA strike, santa fe, santa monica, Sotheby's International Realty, ULA Tax and WGA strike
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