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LA mayor brags about 'fastest recovery' in CA history, home permits down by two-thirds - California - The Black Chronicle

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(The Center Square) - Los Angeles Mayor Karen Bass bragged about the city’s post-fire recovery being the “fastest” in state history, but data from Hilgard Analytics shows home permitting is down by two-thirds since 2022, when the city passed a major transfer tax on all real estate over $5 million. In 2022, the city permitted […]

The post LA mayor brags about 'fastest recovery' in CA history, home permits down by two-thirds appeared first on The Black Chronicle.

Source: The Black Chronicle

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