Not that long ago, economic decline was draining the vitality of Los Angeles and other large cities. Neighborhoods were devastated by crime. Jobs were fleeing and welfare rolls were growing. The story is very different today. California's state economy is strong.
Taxes are lower.
There's a lot less red tape, and a more business-friendly attitude. All of which have had a positive effect on cities. Today, there is a feeling of opportunity and optimism in Los Angeles. Crime is lower. Welfare rolls are shrinking, jobs and people are coming back to the city.