ULA data breakdown: Mansion Tax hits commercial sector hardest
Measure ULA, a mansion tax, primarily generates revenue from commercial real estate transactions in Los Angeles, accounting for 55.5% of total revenue.
Missing: Bass' State of City skips specifics on ULA, wildfire rebuilding
Mayor Karen Bass emphasized major international sporting events while offering little clarity on Measure ULA reforms and property-tax relief proposals for affected owners.
ULA data breakdown: Mansion Tax hits commercial sector hardest
Measure ULA, a mansion tax, primarily generates revenue from commercial real estate transactions in Los Angeles, accounting for 55.5% of total revenue.
And now, another big tax cut for the developers and speculators in SF - 48 hills
San Francisco's proposed transfer tax cut on high-end property sales would reduce affordable housing funding without addressing the actual barrier to housing construction: economic feasibility of building itself.
How much do you need to earn in Germany to buy a million euro home?
Buying a 100 sqm home in Germany, especially in Munich or Nordfriesland, requires about €1 million plus roughly 12.5% additional costs and substantial equity.