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The much-touted "mansion tax" was hailed as a panacea for Los Angeles' financial woes, promising to bring in a staggering $56 million per month. However, the harsh reality couldn't be further from the lofty promises.
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'Stay Here' Arriving Aug 17th on Netflix
Designer Genevieve Gorder and real estate expert Peter Lorimer show property owners how to turn their short-term rentals into moneymaking showstoppers. Stay Here arrives August 17 only on Netflix.
How to Earn Money With Granny Flats
Home prices in Los Angeles continue to rise. It is getting harder and harder for many residents to afford a home. Earlier this year, California enacted Bill 1069 designed to increase housing supply by easing restrictions on garage conversion units. The bill also presents an opportunity for homeowners to increase their home value by adding livable space to their homes without dealing with the previously stringent permitting process.
