Mansion Tax

View of Chicago Old Town neighborhood with low-rise brick buildings in foreground and tall residential high-rises in background.

Which Cities and States Will Join the “Mansion Tax” Club Next?

Higher taxes on high-value property sales are being considered in Chicago, Connecticut, and Washington state as a way to address the housing crisis.

February 12, 2024 - Pew Stateline

View of large mansions in Hollywood hills with downtown Los Angeles skyline in background.

LA ‘Mansion Tax’ Yielding Less Revenue Than Predicted

The tax on property sales above $5 million has brought in less revenue last year than experts projected, but the measure could still become a significant contributor to affordable housing funds.

January 14, 2024 - Bloomberg CityLab

Aerial view of Koreatown neighborhood in Los Angeles with downtown skyline in background.

New Los Angeles Rent Relief Program Targets Pandemic Debt

The program prioritizes the lowest-income tenants who accrued debt during the early part of the pandemic.

September 25, 2023 - LAist

British Columbia

British Columbia Commits to New Housing Supply

The 2023 budget for the province of British Columbia reveals a deep commitment to supporting the creation of new housing.

March 13, 2023 - The Tyee

Los Angeles Residential Street

Lawsuit Filed to Halt L.A.’s Mansion Tax

The Howard Jarvis Taxpayers Association is among the groups suing to block the city of Los Angeles’ voter-approved ‘mansion tax.’

December 29, 2022 - Los Angeles Times

Los Angeles Residential

Critics Expect L.A.’s New ‘Mansion Tax’ to Chill Development Market

A new real estate transfer tax won the approval of L.A. voters after being promoted as a “mansion tax.” No some real estate and development experts are saying that the new transfer tax will have a much broader impact on the real estate market.

December 19, 2022 - Los Angeles Times

Boston Aerial

Boston ‘Mansion Tax’ Could Raise Millions for Affordable Housing

A tax on luxury property sales is stalled in the state legislature, causing the city to miss out on millions in potential tax revenue.

October 25, 2022 - Smart Cities Dive

Skinny Skyscraper

Changes to Proposed NYC Pied-à-Terre Tax Will Yield Less Revenue for Transit

The real estate intervened, and a proposed pied-à-terre tax became a mansion tax.

April 6, 2019 - City & State

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