As developers continue to blame Measure ULA for choking multifamily construction across Los Angeles, more players are signing on to a renewed opposition campaign to the transfer tax. While developers are still confident in development in the region, the citywide tax has partially led many apartment developers to look outside L.A. city limits, coinciding with a dip in apartment construction overall, Bisnow reported. Now, a signature drive spearheaded by the Howard Jarvis Taxpayers Association to put a repeal measure on the November 2026 ballot is gaining momentum. Developers are “very much bullish on L.A. County, but not so much on […]
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