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☝️ More Taxes! Unsurprisingly, the so-called L.A. Mansion Tax has been unsuccessful, bringing in only $3.6M — TRD

👎 Less Taxes! Everything’s bigger in Taxes, except taxes, as a state legislature aims to adopt new tax breaks for employers — ConnectCRE

🏢 Hard Pass: Despite strong fundamentals, this experienced apartment operator went through 48 lenders — Bloomberg

⛔ More Hard Passes: The coming refinancing wave is expected to cause mass disruption for all real estate asset classes, not just office — Globe St

📈 7%: Interest rates hit 7% as commercial operators look to alternative financing options on Wall Street — MarketWatch

⚽ It Could Get Messi: The potential impacts of Lionel Messi’s move to Miami on the local real estate market — TRD

🌵 Dry Supply: We are short about 320K homes for middle-income earners alone who face steep buying competition — NAR

📉 That’s Not Polite: The pace of housing construction in Canada has significantly declined over the years due to over-regulation and NIMBYism — FP

🤩 15 Minute (NY)City: In an effort to make the city more walkable, NYC will charge drivers going downtown — CNN