Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag California voters may soon decide on limits to local real estate transfer taxes, affecting housing funding.

flag California faces a pivotal 2026 ballot battle over real estate taxes, sparked by Los Angeles’ Measure ULA, which levies high transfer fees on luxury home sales to fund housing for the unhoused. flag The Howard Jarvis Taxpayers Association is collecting signatures for a statewide measure that would cap transfer taxes at under 0.05% and require a two-thirds majority to pass local, purpose-specific taxes—raising the bar from a simple majority. flag The change could cut billions in revenue for cities relying on such taxes, including Los Angeles, where Measure ULA has already generated hundreds of millions. flag Though a legislative effort to exempt new housing and wildfire-damaged homes from the tax failed due to complexity, the anti-tax campaign continues, threatening local funding for housing and services.

6 Articles