As Hollywood celebrates the film industry at this weekend's Academy Awards, not far away from where finishing touches are being put to the red carpet, communities are still coming to terms with the impact of the wildfires which ravaged areas of Los Angeles earlier this year.
"If you really want to have a healthy, functioning society that's egalitarian and creates opportunity for everyone, you're going to need a lot of wealthy people in that city paying taxes, so you cannot force them away and that's just a fact.".
"Even coming back into the neighbourhood is really, really hard," he tells Sky News.
Wes Bailey's company SirReel has been renting out film and TV production equipment in Los Angeles since the 1990s - but in recent years work in the city of dreams has dried up.
"We obviously have a crime problem, we have a homelessness problem, we've obviously taxed to the point where we discourage development, and we obviously have seen significant loss of wealthy people leaving the state.
