The Wealthy West Coast city of Los Angeles is in danger of becoming 'the next Detroit'

A glamorous city known for sprawling mansions, boutique shops and glamor is at risk of becoming 'the next Detroit,' according to experts. Los Angeles is being rocked by an exodus of big budget TV and film production companies — long considered the backbone of the local economy. Detroit was once the center of America's auto production, but fell into decline when factories began to shut, triggering a major housing crisis. Now, some fear LA faces a similar threat. FilmLA reports that on-location production in the city fell by 22.4 percent in the first quarter of 2025 compared to the same...