Can LA’s ‘Mansion Tax’ Unlock Affordable Housing Across California?

by Boo_Randy

Do CA libtards understand that the globalists and their Democrat puppets want to force the sheeple to live in high-density towers? SFH will be reserved for the elites and their Quislings. Once the “mansion” tax passes – let’s soak the rich! – then the commies in the CA Statehouse will keep lowering the price of what constitutes a “mansion.” Truly you can’t fix stupid. There’s a simple solution to the “affordable housing” problem: end the Fed, and ban corporations from buying housing.

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www.bloomberg.com/news/articles/2022-11-10/measure-ula-how-la-s-mansion-tax-aims-to-rein-in-housing-costs?sref=ibr3A0ff

Los Angeles voters appear likely to pass Measure ULA, which could generate $900 million a year for housing subsidies and tenant protections. But critics fear the fee will backfire.

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