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

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

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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…

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