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Voters thought Los Angeles’ mansion tax would target luxury home sales to help fund solutions for homelessness. In practice, it’s affecting a much wider range of properties, including apartment buildings and commercial spaces. Developer and urban policy expert Mott Smith explains how this is changing the real estate landscape in LA and what adjustments could help restore balance while still supporting public goals. 00:00 - Intro 01:17 - Impact of Measure ULA on Real Estate 07:19 - Research Findings and Comparisons 09:53 - Tax Growth & Development Challenges 14:07 - Revenue vs. Loss Comparison 19:38 - Developers' Perspective and Market Reputation 27:30 - Recommendations for Measure ULA 29:42 - Political Challenges and Future Prospects 34:27 - Perception of the Development Industry 📩 Email Us YOUR Story: [email protected] 👉 Read California News: https://californiainsider.com/ Views expressed in this video are the opinions of the host and guests and do not necessarily reflect the views of California Insider. -------------------- 🇺🇸🇺🇸🇺🇸 Watch our Documentary "Leaving California" at https://leavingcamovie.com/ 🟡 Sign up for our newsletter: https://californiainsider.com/email-s... 💟 Support us: https://donorbox.org/california-insid... • Facebook - / cainsidershow • X (Twitter) - / ca_insider • Instagram - / california.insider -------------------- #California #CaliforniaNews #CaliforniaInsider #LosAngeles #RealEstateInvestment #RealEstateDevelopment #TalkShow