LA 'mansion tax' blocked 9,100 homes, killed 16,650 jobs and cost $452M, report says

A report finds Los Angeles' 'mansion tax' on high-value property sales blocked 9,100 homes from being built, killed 16,650 jobs and cost $452M, the New York Post reports. The measure has been blamed for a collapse in high-end home sales and construction in the city.

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