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City Passes “Linkage Fee” on New Development

Published by Anne Johnson on

Los Angeles Downtown News cited research by Richard Green of the USC Lusk Center about the housing crisis in the Los Angeles area.

Critics of the fee contend that it will simply raise the cost of construction and discourage new building amid a housing crisis, with just 2.9% vacancy in the L.A. metro area, according to the USC Lusk Center for Real Estate.


Full article here

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