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Luxury homebuyers have 'upper hand' after California enacts mansion tax

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finance.yahoo.com/news/luxury-homebuyers-have-upper-hand-after-california-enacts-mansion-tax-193049362.html

While buyers in more affordable ranges are experiencing massive housing shortages, that’s not the case for the Los Angeles luxury home market.
"We have a good amount of inventory,” Josh Altman, co-founder of the Altman Brothers, a real estate agent firm that focuses on luxury homes, told Yahoo Finance LIVE (video above). "Good houses still are selling."
In Los Angeles, there…

This story from finance.yahoo.com was posted on 2023-06-19 by @glimmerfox.

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