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Thomas Steyer has announced a plan designed to bring more production activity back to Los Angeles and reduce living costs for residents. In a statement, Steyer noted that sustaining a thriving entertainment industry in California is dependent on making the region more affordable for those who work there. He argued that current living costs pose a threat to the continued growth of the industry, and outlined the importance of economic measures to support both local production and affordability. Further details on the plan are expected to be released in the coming weeks.
Steyer has recently spoken out on other policy issues affecting California. He has argued that Californians support values that are contrary to the current U.S. administration. Earlier this year, Steyer also backed restricting social media access for children under 16, citing concerns about youth mental health.