A Los Angeles councilmember is seeking to reform the Measure ULA tax, arguing that it has worsened the city's housing crisis.

A sprawling Los Angeles estate built for late TV producer Aaron Spelling sold for $110 million and was the second-most expensive home sale in the U.S. last year, according to Redfin. But it wasn’t the only Southern California property that sold for the same dizzying figure.

Investors own 213,153 single-family houses in Los Angeles County – or 15% of the market. That’s a highlight of my trusty spreadsheet’s review of first-quarter investor stats from BatchData, which studied ownership of 1.43 million houses countywide.

Los Angeles tenants facing mold issues may have legal protections under California habitability laws and local housing