Voters thought Los Angeles’ mansion tax would target luxury home sales to help fund solutions for homelessness. In practice, it’s affecting a much wider range of properties, including apartment buildings and commercial spaces. Developer and urban policy educator Mott Smith explains how this is changing the real estate landscape in LA and what adjustments could help restore balance while still supporting public goals.
How is LA's Mansion Tax Impacting Housing Development? | Mott Smith
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Siyamak Khorrami
Author
Siyamak Khorrami has been the general manager and chief editor of the Southern California edition of The Epoch Times since 2017. He is also the host of the “California Insider” show, which showcases leaders and professionals across the state with inside information about trending topics and critical issues in California.
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