From The '90s to Now: Making Sense of CRE's Downturn
Deconstruct
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Los Angeles's New Transfer Taxes Are Set to Take Effect Soon
The city of LA is now saying that it's expecting to make a lot less from the transfer taxes also known as Measure ULA. The measure is now projected to reel in up to $672 million in revenues during its first year. But when the measure was actually presented to voters in November, proponents of the taxes said they would add more than $900 million a year.
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