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os Angeles, once the epicenter of the global film industry, is now facing a decline in movie and TV production. According to Realtor, only about one in five American films and shows are filmed in Los Angeles, with many productions moving to other states due to tax incentives and lower costs.
The city's high cost of living, including expensive housing, taxes, and insurance, has made it difficult for industry workers to afford homes in the area. Many celebrities have already left California, including Mark Wahlberg, Chris Evans, Matthew McConaughey, Glenn Powell, and Rachel McAdams, who have all quit the state.
The decline of the film industry is affecting not only the celebrities but also the supporting cast of characters, such as production crew members, technicians, and support staff. These individuals are being lured away by other states with lower costs of living and more opportunities for work.
Tax incentives offered by other states have been a major factor in the decline of Los Angeles' film industry. Canada, the United Kingdom, and Australia have all implemented tax credits to attract film productions, while states like Georgia, Texas, and Las Vegas are also offering incentives.
Las Vegas has become a hub for film production, with many celebrities, including Wahlberg and Dean Cain, making it their home. Kevin Costner has built a $100 million film studio in Southern Utah, and Zachary Levi is planning to build a similar facility near Austin, Texas.
The decline of the film industry is also affecting the real estate market in Los Angeles. The median list price for homes in the area is $1.2 million, making it difficult for middle-income households to afford housing. Realtor.com's Hannah Jones notes that homeownership is not feasible for many households in Los Angeles due to high living costs.
Some industry professionals are finding ways to adapt to the changing landscape. Cara Ameer, a bicoastal agent with Coldwell Banker, worked with an assistant director who moved from Los Angeles to Florida and was able to find new opportunities on the East Coast and Southeast.
The trend of celebrities leaving Los Angeles is not just about escaping high taxes or expensive housing costs. Many are seeking more normalcy in less prominent locales where they can blend in and avoid the constant exposure to paparazzi culture.
While there may be a decline in the film industry, Los Angeles still has global appeal, but it's no longer the obvious "forever home" for creatives. Many celebrities are diversifying their residences, keeping a place in L.A. but planting real roots elsewhere.
