#mansion-tax

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#measure-ula
fromtherealdeal.com
3 days ago

LA mansions selling at discount prices despite celeb connections

Some of the biggest mansions in and around Los Angeles haven't been fetching anywhere near their original listing prices, despite former ownership by some big-name celebrities. This month alone, homes once owned by Milwaukee Brewers minority owner Robert Beyer, singer Ricky Martin, and previously married Jennifer Lopez and Ben Affleck have sold or are asking for well under their listing price, Mansion Global reported.
LA real estate
fromSan Jose Inside
2 weeks ago

CA Lawmakers Deliver Climate, Housing and Labor Wins to Newsom

"We wanted more time," she said. "We wanted to do more due diligence ... There were so many other issues on the docket."
California
Real estate
fromFortune
1 month ago

Cape Cod is considering taxing luxury home sales of $2+ million to raise funds for the housing market's 'missing middle'

Barnstable County may impose a 2% real-estate transfer fee on sales above $2 million to generate funds for affordable year-round housing on Cape Cod.
#capital-gains-tax
LA real estate
fromSFGATE
1 month ago

1 in 4 Los Angeles Homebuyers Pays in Cash-With Celebrities and Foreign Buyers Fueling Sales

Los Angeles luxury home market remains strong with significant cash buyers despite a general market slump.
Real estate
fromSFGATE
2 months ago

New Jersey Just Raised Taxes on Luxury Home Sales-Who's Paying the Price Now?

New Jersey's mansion tax now burdens sellers with a tiered tax ranging from 1% to 3.5%, significantly increasing costs for homes over $1 million.
fromtherealdeal.com
5 months ago

LA multifamily permitting falls 18% after Measure ULA

What's commonly known as the mansion tax may have undercut the goals of its backers by slowing development and reducing new affordable housing by an estimated 168 units a year.
LA real estate
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