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The junk-bond market is showing signs of calmer times after positive developments in U.S. trade negotiations.

Los Angeles’ “mansion tax” that funds affordable housing has likely led to a drop off in overall apartment construction, potentially worsening the city’s housing situation, according to a new report…

California voters have approved Proposition 34, a measure from an apartment trade group that aimed to restrict spending by the AIDS Healthcare Foundation, which has bankrolled several rent control initiatives…