How much will the writers’ strike cost LA? Much more than the 2007 stoppage, experts say
The cascading impact of the Hollywood writers’ strike could touch almost every facet of the economy in Southern California, including the housing market, and lead to economic fallout that eclipses the estimated $2.1 billion in losses during the last work stoppage, experts say.
“We believe this standstill could last three months or more,” analysts from Moody’s Investors Service wrote in a recent report. “The consequences of a very long strike could prove bothersome and even dire.”
And several factors point toward dire.
The last strike — which, like
