Opinion: L.A.’s new “mansion tax” will spike new apartment construction and raise housing costs
Measure ULA’s authors seem to have learned little from Measure HHH’s troubles. Not only does Measure ULA mandate PLAs — they apply to projects as small as 40 units. Also, since the measure does not streamline project permitting, many Measure ULA-funded projects will be exposed to frivolous lawsuits from NIMBYs.It’s no surprise that the pro-Measure ULA campaign was
, who clearly stand to benefit from what amounts to a full-employment act for their members. Sadly, this comes at the expense of homeless Angelenos, as well as people simply seeking housing that fits their budget.by a lawsuit filed by anti-tax activists and apartment owners . They argue that Measure ULA’s tax violates the state constitution. But overturning the measure risks throwing the baby out with the bathwater.
A better solution would revise Measure ULA to deliver housing faster and more cost-effectively. That’s where Mayor Karen Bass and the City Council can act. They’re permitted to amend Measure ULA to “further or facilitate” its purposes, which includes “increasing the supply of affordable housing”.
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