LA multifamily permitting falls 18% after Measure ULA

The voter-approved mansion tax has resulted in fewer apartments built across Los Angeles. Since Measure ULA was enacted two years ago, permitting for new multifamily projects in the city fell 18 percent in the first year, resulting in 1,910 fewer apartments in projects of 20 or more units, according to CoStar News, citing a report […]This article originally appeared on The Real Deal. Click here to read the full story.