A coalition of LA unions succeeded in passing #MeasureULA, which uses a surcharge on real estate transactions over $5m to fund "the largest municipal housing program in the country":

https://unitedtohousela.com/app/uploads/2022/05/LA_City_Affordable_Housing_Petition_H.pdf

LA unions are fighting for rules to limit #Airbnbs and other platforms that transform the city's rental stock into illegal, unlicensed hotels:

https://upgo.lab.mcgill.ca/publication/strs-in-los-angeles-2022/Wachsmuth_LA_2022.pdf

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if developers are fighting it then you know it's going to help solve homelessness.

"A coalition of real estate and antitax groups is seeking to prevent the city of Los Angeles from implementing a recently passed tax on the sales of properties over $5 million.

"The proceeds of #MeasureULA, which passed with nearly 58% of the vote in the November election, would go toward a range of efforts to prevent people from becoming #homeless."

https://stonedfounder.com/2022/12/25/bring-it/

bring it – john's blog