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The Effects of the Measure ULA (United to House LA) Transfer Tax on Economic Development and Municipal Finances in Los Angeles

Economy
United States
Gestart May 29, 2026

Measure ULA has raised $1.2 billion for affordable housing but has reduced high-value real estate sales by 31% and has deterred more than 9,000 new housing units, costing Los Angeles over $452 million in forgone revenue through early 2026

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CLAIM Geplaatst door will • May 29, 2026
Investing in affordable housing through Measure ULA is essential, but we must balance this with strategies to maintain real estate market health.

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CLAIM Geplaatst door will • May 29, 2026
The loss of over $452 million in potential revenue from Measure ULA is a significant setback for Los Angeles's ability to fund essential services.

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CLAIM Geplaatst door will • May 29, 2026
The 31% drop in high-value real estate sales due to Measure ULA signals a harmful impact on the city's economic growth and investment climate.

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CLAIM Geplaatst door will • May 29, 2026
Measure ULA's $1.2 billion for affordable housing is a vital investment in community stability and economic equity for Los Angeles.

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CLAIM Geplaatst door will • May 29, 2026
While Measure ULA raises funds for affordable housing, its unintended consequences on housing units and revenue should be carefully examined.

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