This is because California’s state and local politicians have completely broken LA and the state in general.
It is increasingly untenable to do business:
- Too many permits
- Too many laws
- Too much overreach
- Too many delays
- Too many taxes
It’s killed Hollywood and it’s coming for Silicon Valley next.
The difference is that Silicon Valley can move. Hollywood just sat by while the government and party they blindly supported gutted their industry.
We won’t.